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Peru’s Congress has approved a law to extend the ongoing ten year moratorium to fifteen years.
Korea’s total citrus production for Marketing Year (MY) 2020/21 (October – September) is projected to reach 660,000 metric tons (MT).
Domestic milk production is forecast to return to 2.03 million tons after spiking to 2.1 million tons in 2020.
Korea is in the process of drafting a proposal to revise its existing Living Modified Organism (LMO) Act to cover products of innovative biotechnologies, including genome edited products.
The United States exported $8.9 billion in agricultural and related products to South Korea in 2019, making it our fifth largest agricultural export market.
On November 12, 2020, Statistics Korea (KOSTAT) released a revised 2020 rice production estimate of 3.507 million metric tons (MMT), down an additional 3.4 percentage points from the initial...
In marketing year (MY) 2020/21 (July-June), FAS Seoul projects Korea’s pear production to decrease by 20 percent (to 160,000 MT) mainly due to reduced planted area and unfavorable weather conditions..
Peru’s grape production and exports continued to grow during 2020, despite the economic recession caused by the COVID-19 pandemic.
The MY 2020/21 wheat import forecast remains unchanged at 4 MMT. 2020/21 corn consumption projections are revised up to 12 MMT, consisting of 9.7 MMT for feed purposes and 2.3 MMT for food, seed...
Peruvian ethanol production in 2020 is forecast at 170 million liters, a slight reduction from 173 million liters from the previous year.
Korea’s juice market is dominated by large domestic manufacturers. Imports, while making up less than 15% of the market, are on the rise.
The jams, jellies and preserves market is growing steadily. Domestic manufacturers are expanding their market share by launching products targeted to Korean consumers’ needs.