Browse Data and Analysis

For Marketing Year (MY) 2019/20, FAS/Seoul has increased the projection for corn imports to 10.8 MMT.

MY2019/20 rice production is revised down as the main rice crop was affected by flooding. Rice exports are revised down further due to strong competition in low-quality rice markets.

Rice export prices remain unchanged, except for fragrant rice prices which declined significantly as supplies of the new rice crop began entering the market.