South Korea: North Korea Grains Situation in MY 2016 - MY 2017

Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year (MY) 2017/18, down 4.7 percent from the previous marketing year. In MY 2017/18, rice production is projected at 2.38 million metric tons on a paddy basis (1.6 MMT, milled), down 5 percent from the previous year. Meanwhile, corn production in MY 2017/18 is estimated to be unchanged from the previous year, at 2.4 million metric tons. Target consumption of grains and other crops on a grain equivalent basis for MY 2017/18 is forecast at 5.6 million metric tons. Finally, imports and food aid for MY 2016/17 were forecast around 200,000 metric tons, coming almost exclusively from China.

South Korea: North Korea Grains Situation in MY 2016 - MY 2017