South Korea: Livestock and Products Semi-annual
Despite declining cattle prices, producers’ decisions many months ago are leading to a higher than expected level of calf production in 2017. Slaughter, production and imports are also forecast to be higher. Growth in the Korean sow herd and continued disease management are leading to a larger pig crop and additional pork production. Larger domestic supplies will lower import demand but this effect is tempered by the increased price-competitiveness of U.S. pork.
