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Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
In 2017, domestic raw milk production totaled 2.06 million MT, down less than 1 percent from 2016. Since the FMD outbreak in 2010, local raw milk production has over-corrected....
In marketing year 2018/2019, FAS Seoul projects that Korea’s pear production will decline by close to 20 percent from the previous marketing year to 214,000 MT....
In Marketing Year (MY) 2018/19, heavy rains during the planting season caused farmers to opt out of the government program to reduce rice acreage and continue planting rice.
2015 Korean potato production decreased eight percent to 546,000 metric tons (MT) from 591,000 MT in 2014.
Notable updates for MY 2016/17 include an increase in Korean wheat consumption to 4.9 Million Metric Tons (MMT), due to anticipated increases in consumption of competitively-priced feed grade wheat.
With climate change and air pollution at the forefront of environmental concerns, Bioethanol is a proposed solution in addressing these issues.