South Korea: Livestock and Products Annual
Korea’s production of beef is expected to decrease in 2015 and 2016 due to reduced cattle supplies. At the same time consumption will increase slightly allowing for greater imports including U.S. beef. Total pork production will continue to increase into 2016, as pork prices remain high. Consumption will also increase slightly. The United States has increased its pork exports to Korea by over 20 percent during the first half of 2015.