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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).
Income growth and popularity in pet ownership, especially dogs, have increased demand for pet food in South Korea. Korea imported a total of $148 million worth of pet food in 2015, an 11% increase...
American cranberry farmers are in the homestretch of the harvest season in what looks to be another banner year for U.S. cranberry production.
The Korean pear industry is projected to continue declining, as both supply and demand for the fruit come under pressure.
Korean ending stocks of rice are revised upward to 1.7 MMT and 1.8 MMT in MY 2015/16 and 2016/17, respectively. Stocks continue to grow as a result of continued decline in per capita rice...