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In the final month of 2023, Korea finally completed allocating its country specific quota (CSQ) for rice imports totaling 408,000 MT (milled basis) under its 2023 tariff rate quota (TRQ) scheme. However, with most tenders fulfilled in the second half...
South Korea’s imports of American food and agricultural products in 2017 through September totaled $6.3 billion, up 25 percent from the same period of the previous year.
U.S. farm and food exports climbed eight percent in FY 2017, reaching the third-highest level on record.
Rice ending stocks are projected to decrease to 1.7 million metric tons (MMT) and 1.2 MMT in marketing year (MY) 2016/17 and MY 2017/18 respectively, as the Korean government has begun allowing....
Although planted area for pears continues to decline in a trend that has continued since the year 2000, expected increased yields will result in an increase in pear production....