South Korea: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   KS2021-0011

Contact:

Office of Agricultural Affairs, Seoul   |   (011-82-2) 397-4297

Link to report:

Grain and Feed Annual_Seoul_Korea - Republic of_04-01-2021.pdf

FAS/Seoul projects Korea’s corn imports and consumption to increase in 2021/22, recovering from a projected 3 percent decline in imports during the current marketing year. 2021/22 domestic rice production is expected to jump 8 percent, driven by rising prices following low production in the prior year. Korea’s rice imports are consistently close to the 408,700 metric ton (MT) tariff rate quota (TRQ), due to exorbitantly high out of quota tariffs. Korean wheat consumption in 2021/22 should remain unchanged from the current year.

South Korea, East Asia and the Pacific
Grains, Feeds and Fodders, Corn, Rice, Wheat

Database Source:

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