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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...
On December 26, 2016, Korea announced an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products...
The government of Korea has approved the use of 470,000 MT (milled basis) of rice stocks for feed use in Calendar Year (CY) 2017, a quantity more than five times larger than in CY 2016.
In the final stages of a Highly Pathogenic Avian Influenza (HPAI) outbreak that has resulted in the culling of over 30 million birds, South Korea has opened its market for the first time...
The Ministry of Food & Drug Safety (MFDS) implemented the Special Act on Safety Management of Imported Food (hereinafter referred to as the Special Act) on February 4, 2016.
The updates include the preregistration of foreign food facilities and livestock establishments including egg and dairy plants, a mandatory review of certification body for certification marks...
The United States was the largest supplier of agricultural, food, fishery and forestry products to Korea, with a 20 percent market share in 2015.
The imported beer market in South Korea continues to show robust growth due to strong consumer demand for products of diversified taste and higher quality.
In crop year 2016/17, South Korean tangerine production is expected to continue a multi-year trend of decreasing quantity and increasing quality.
In February 2016, Korea revised the Food Sanitation Act, expanding mandatory biotech labeling to include all products with detectable biotech ingredients.
On November 16, 2016, South Korea reported an outbreak of the Highly Pathogenic Avian Influenza (HPAI) H5N6 that has since continued to spread rapidly.