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Korean potato production is expected to increase to 530,000 metric tons (MT) in Calendar Year (CY) 2018, as potato farmers respond to higher prices caused by low supply in CY 2017.
As actual rice planting area was less than FAS/Seoul had estimated in the last report, the rice production forecast for MY 2018/19 is revised down to 3.73 million metric tons (MMT).
Infographic illustrating the increase in farm exports in FY 2017 to $139.8 billion
This is a policy update for poultry, poultry products and eggs destined for the Republic of Korea.
Imported beer market in South Korea continued a robust growth due to strong consumer demand for products of diversified taste and higher quality.