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Korean potato production is expected to increase to 530,000 metric tons (MT) in Calendar Year (CY) 2018, as potato farmers respond to higher prices caused by low supply in CY 2017.
As actual rice planting area was less than FAS/Seoul had estimated in the last report, the rice production forecast for MY 2018/19 is revised down to 3.73 million metric tons (MMT).
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
Graphic illustrating the growth of U.S. agricultural exports in response to trade agreements over the past 70 years.