Browse Data and Analysis

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).

Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year....

Korea has an active greenhouse farming culture, accounting for about 12 percent of agricultural output by value.

Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.

South Korea is the United States’ second largest beef market by value, a remarkable turnaround from the market closure in late 2003.

Korean rice production is forecast to decrease in MY 2018/19 as the government’s rice reduction program takes effect.

This is an update to implementation of Korea’s Special Act on Imported Food Safety Management (GAIN KS1609).

The Korean government revised official cattle inventory statistics going back to the end of 2014.

Graphic showing the top markets for U.S. ag exports in 2017. Canada was the top market, followed by China and Mexico.

A temporary crisis in egg supply in 2017 created an opportunity for U.S. eggs to enter the Korean market.

Due to a government program incentivizing a decrease in rice production, FAS Seoul projects that soybean production for Marketing Year (MY) 2018/19 will increase by approximately 20 percent....