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After two consecutive years of reduced chicken production in 2021 and 2022, Korea’s chicken production is projected to recover by 1.6 percent to 945,000 metric tons (MT) in 2023 due to increased chicken inventory and rising consumer demand.
Korean seafood imports totaled $5.74 billion in 2021, up 9 percent from 2020, with imports from the United States increasing slightly to $217 million. The United States remains the fifth largest seafood exporter to Korea with a 3.8 percent market share.
The Agriculture, Food, Rural Affairs, Oceans & Fisheries Committee of the National Assembly has recommended the government raise the target price for local rice (2019 crop).
Section updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.
With a slight increase in projected acreage due to the government-run rice area reduction program, soybean production is expected to rise slightly to 92,000 metric tons (MT) in Marketing Year....
Higher fed cattle prices in Korea last year encouraged a herd expansion that raises questions about the continued profitability of the industry in 2019.
There are no FAS endorsed trade shows planned in South Africa in 2019, however we are happy to share contact information for the upcoming shows to inform U.S. exporters in the food and beverage....