South Korea Agricultural Biotechnology Annual 2014
The U.S. regained its status as the top supplier of feed grains to Korea in 2014. The bulk of livestock feed in Korea is made from biotech corn and soybean meal however only a limited number of food products are made from biotech ingredients due to negative consumer sentiment. In January 2014, Korea released a draft revision of the Consolidated Notice to the Living Modified Organism (LMO) Act governing biotech policy in Korea. While some progress was made, it did not fully address inefficiencies in the biotech approval process. Additionally, several proposals to expand biotech labeling are still pending in the National Assembly.
