Browse Data and Analysis

Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its third consecutive yearly decline in 2017.

Imports of American food and agricultural products into Korea in 2016 through September totaled $5.1 billion, down 11 percent from the previous year mainly due to reduced demand for basic...

On November 15, 2016, Statistics Korea (KOSTAT) released its revised 2016 rice production estimate to 4.197 million metric tons (MMT), slightly down from 4.2 MMT, the initial rice production...

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...

The KORUS FTA (Free Trade Agreement) went into effect March of 2012, and the agreement’s elimination of tariffs for almonds and pistachios, as well as tariff reductions for walnuts...

Since the FMD outbreak in 2010, local raw milk production has rebounded, but has outpaced slower growing demand. As a result, higher ending stock levels in 2014 carried over into 2015.

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.