South Korea: Livestock and Products Semi-annual
The Korean government revised official cattle inventory statistics going back to the end of 2014. Post data has been updated as a result. This semi-annual estimates higher calf production next year but sees beef production slightly lower, with increased imports facilitating yet another year of growing consumption. Korea’s swine herd will continue to expand next year to support higher pork consumption. Sector profitability will drive increased production, reducing import demand.