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- (-) October 2024
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FAS/Seoul forecasts Korea’s 2025 milk production to decrease to 1.92 million tons. Korean milk production continues to decline in line with industry contraction and demographic-driven consumption declines.
South Korea is the United States’ second largest beef market by value, a remarkable turnaround from the market closure in late 2003.
Korean rice production is forecast to decrease in MY 2018/19 as the government’s rice reduction program takes effect.
This is an update to implementation of Korea’s Special Act on Imported Food Safety Management (GAIN KS1609).