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In marketing year 2019/20, Korea’s pear production is projected to increase by 3.4 percent to 210,000 metric tons due to increased yield as a result of better weather conditions....
For Marketing Year (MY) 2019/20, FAS/Seoul has increased the projection for corn imports to 10.8 MMT.
The imported beer market in South Korea continues to show robust growth due to strong consumer demand for products of diversified taste and higher quality.
In crop year 2016/17, South Korean tangerine production is expected to continue a multi-year trend of decreasing quantity and increasing quality.
In February 2016, Korea revised the Food Sanitation Act, expanding mandatory biotech labeling to include all products with detectable biotech ingredients.
On November 16, 2016, South Korea reported an outbreak of the Highly Pathogenic Avian Influenza (HPAI) H5N6 that has since continued to spread rapidly.
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its third consecutive yearly decline in 2017.
Imports of American food and agricultural products into Korea in 2016 through September totaled $5.1 billion, down 11 percent from the previous year mainly due to reduced demand for basic...
On November 15, 2016, Statistics Korea (KOSTAT) released its revised 2016 rice production estimate to 4.197 million metric tons (MMT), slightly down from 4.2 MMT, the initial rice production...
Income growth and popularity in pet ownership, especially dogs, have increased demand for pet food in South Korea. Korea imported a total of $148 million worth of pet food in 2015, an 11% increase...
American cranberry farmers are in the homestretch of the harvest season in what looks to be another banner year for U.S. cranberry production.
The Korean pear industry is projected to continue declining, as both supply and demand for the fruit come under pressure.