Browse Data and Analysis

Breaking with historical practice, Korean soybean crushers began operating below full capacity in mid-2023 and are forecast to further reduce crush volume into marketing year (MY) 2024/25. Soybean imports are forecast to recover slightly from MY 2023/24, but will still remain below average levels on sluggish crushing demand.

This report analyzes all vegetable oil markets in Korea, whether for food or industrial use, and covers oils derived from soybean, palm, palm kernel, olive, rapeseed/canola, grapeseed, sunflower seed, corn, coconut, sesame, perilla seed (a leafy plant from the mint family), and rice bran.

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....