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The Office of Agricultural Affairs hosted the 7th annual Roundtable on Agriculture in the Democratic People’s Republic of Korea (DPRK) in Seoul on September 13, 2018.
South Korea’s HRI Food Service sector continues to grow as the nation’s socio-economic changes continues to spur consumers’ spending on dining out.
South Korea’s imports of American food and agricultural products in 2018 through October totaled $7.9 billion, up 16.8 percent from the same period of the previous year.
Due to bad weather during the flowering and fruit growing seasons, Korean fresh apple production is projected to decrease by 14 percent to 467,800 metric tons (MT) in Marketing Year (MY) 2018/19.
Korea’s Ministry of Food and Drug Safety will begin implementation of its previously announced pesticide Positive List System (PLS) on January 1, 2019.
On November 13, 2018, Statistics Korea (KOSTAT) released its revised 2018 rice production estimate of 3.868 million metric tons (MMT), slightly down from 3.875 MMT, the initial rice production....
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its 3rd consecutive decline.
The Korean poultry market is expected to continue to expand in 2017, with increases in production and imports increasing to meet growing popularity of chicken products.
Despite challenging economic environment, the South Korean wine market continues to expand.
Hanjin Shipping, the largest shipping company in Korea (7st largest shipping company in the world), filed for court receivership on August 31, 2016. It is almost certain that difficulties with port...