South Korea: Grain and Feed Update
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This report provides updates to the Korea Rice Production 2021 report issued by FAS/Seoul on November 22, 2021, based on new data released by the Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) in December 2021. FAS/Seoul’s 2021 rice production and total demand estimates remain unchanged from the previous report, but rice import numbers are revised down as supply chain issues pushed some rice deliveries into 2022. Korea fulfilled all 2021 rice TRQ contracts, including 132,304 metric tons of Country Specific Quota (CSQ) for U.S. rice.