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- (-) April 2015
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Consumption of U.S. beef continues to gradually rise as consumer confidence in its safety goes up, however it’s less competitive due to higher prices and stiff competition.
As the well being trend is set to become even more prominent in Korea – U.S. Equivalency Agreement (KORUS EA) implementation since July 2014, the prospects for imported organic food seem very bright.
Warmer nights in August 2014 led to lower polarity rates in sugar beets and an eventual 10 percent decrease in sugar production in marketing year (MY) 2014/15.
The wheat production estimate for Marketing Year (MY) 2014/15 is 15.25 million metric tons (MMT) and the forecast for MY 2015/16 is 18 MMT.
Expansion and diversification of large-scale retail businesses coupled with introduction of information technologies has led a rapid evolvement of the retail food sector in South Korea...
Turkish Marketing Year (MY) 2015 cotton area and production are projected to decline about 12 percent after a short recovery from last year.
Wheat imports remain fairly steady at 3.9 and 4 million tons for MY 2014/15 and MY2015/16 respectively.