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Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
In 2017, domestic raw milk production totaled 2.06 million MT, down less than 1 percent from 2016. Since the FMD outbreak in 2010, local raw milk production has over-corrected....
In marketing year 2018/2019, FAS Seoul projects that Korea’s pear production will decline by close to 20 percent from the previous marketing year to 214,000 MT....
In Marketing Year (MY) 2018/19, heavy rains during the planting season caused farmers to opt out of the government program to reduce rice acreage and continue planting rice.
Beginning February 4, 2017, Korea’s Ministry of Food and Drug Safety began enforcing biotech labeling requirements that were finalized on February 3, 2016.
Based on data from the Democratic People’s Republic of Korea (DPRK) and United Nations agencies, the estimated net deficiency in food grains and other crops on a grain equivalent basis....
Soy is the most important component of the oilseed complex in Korea. Soybean consumption in Korea in MY 2017/18 is forecast to remain relatively unchanged from the current marketing year...