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Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.

Sections Updated: Section I, II, III, IV, V, VI, VII, X and Appendix II

This report includes technical information and certificate requirements for food and agricultural product exports to the Republic of Korea.

MY 2025/26 sugar production is expected to further increase 2 percent from MY 2024/25. MY 2024/25 sugar demand by industrial uses is likely to decline significantly due to the Chinese ban on Thai sugar syrup exports.

After reaching a five-year high in 2024, Korea’s potato production will return to average levels in 2025.

While per capita grain consumption in Korea remains steady, or declining in the case of rice, increased manufacturing of K-food for exports drives total consumption, offsetting decreases in other sectors.

FAS Bangkok forecasts stability, with modest growth expected in rice and corn production, supported by favorable weather and strong domestic demand.

FAS/Seoul forecasts 2025 Korean cattle production and slaughter will drop to 951,000 head and 1,078,000 head respectively. FAS/Seoul forecasts 2025 beef imports to dip to 574,000 metric tons (MT).

MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S. reciprocal tariff measures.

The Chilean food processing industry is a highly developed and competitive sector, playing a crucial role in the national economy.

For marketing year (MY) 2025/26, Post estimates that the wheat area harvested will total 193,000 hectares (ha), representing a 1.0 percent decrease from MY 2024/25 due to high input costs and low prices.

Although domestic soybean production is forecast to reach a 20-year high in marketing year (MY) 2025/26, Korea will remain dependent on imports for 89 percent of total supply.