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FAS/Seoul forecasts marketing year (MY) 2023/24 corn imports to remain flat, with U.S. market share gradually recovering towards the end of the year. Wheat imports are expected to decline towards the long term average as feed wheat loses a temporary price advantage over corn.
South Korea's rebounding consumer demand for beef and pork, together with elevated retail prices, led to greater domestic slaughter and import totals in 2022 and into 2023.
This is an update to Section IV of KS1711, GAIN Report on Korea’s New Biotech Labeling Requirements. A sub-heading “C” has been added under Section IV.
FAS Seoul and the U.S. Grains Council Korea office hosted the second annual Bio-Ethanol Workshop and Roundtable in Seoul, in May. The event focused on the environmental benefits....