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As the fifth largest country export market for the United States, Korea provides a promising market for U.S. agricultural products. In 2023, Korea imported about $47 billion agricultural & related products from all over the world and the U.S...
On July 7, 2024, the Government of Mexico (GOM) announced an update for registrations in the National Catalogue of Plant Varieties to include “native varieties.” According to the GOM announcement about the update, the purpose of the change is to...
On July 1, 2024, the United States and Republic of Korea agreed to the labeling requirements outlined in this report regarding storage state for U.S. red meat and poultry products and U.S. processed red meat, poultry, egg, and dairy products.
Marketing Year (MY) 2024/25 rice production and consumption forecasts remain unchanged since the April 2024 Grain and Feed Annual Report. Post revised MY 2023/24 rice imports down based on the import tender fulfillment pace by the Korean government. Progress allocating the 2024 rice tariff rate quota (TRQ) has been favorable for the United States, but local distribution of imported U.S. table rice has not kept pace, as auctions remain suspended since November 2023.
Following the June 2024 election of Claudia Sheinbaum as the next President of Mexico, the sitting President Andres Manuel López Obrador expressed intent to move forward with constitutional reforms in the September 2024 legislative session.