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This report provides updates to the Korea Rice Production 2022 report issued by FAS/Seoul on June 28, 2022, based on new data released by the Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) in December 2022.
On December 27, 2023, Korea issued its flexible tariffs (Adjustment and Tariff Rate Quota) list for certain agricultural, forestry and fishery products for calendar year (CY) 2023.
The Korean government revised official cattle inventory statistics going back to the end of 2014.
Graphic showing the top markets for U.S. ag exports in 2017. Canada was the top market, followed by China and Mexico.
A temporary crisis in egg supply in 2017 created an opportunity for U.S. eggs to enter the Korean market.
Due to a government program incentivizing a decrease in rice production, FAS Seoul projects that soybean production for Marketing Year (MY) 2018/19 will increase by approximately 20 percent....
Due to a government program incentivizing a decrease in rice production, FAS Seoul projects that soybean production for Marketing Year (MY) 2018/19....