South Korea: Oilseeds and Products Annual

  |   Attaché Report (GAIN)

Contact:

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

Soybean imports are expected to be around 1.2 million MT for MY 2014/15, a decrease of six percent from the previous marketing year due to higher beginning stocks. The U.S will continue to be the major supplier at an expected 600,000 MT. Soybean production in MY 2014/15 decreased ten percent to 139,267 MT due to decreased acreage and lower yield. Meanwhile, soybean meal production for MY 2014/15 is expected to stay at 713,000 MT due to better crush margins compared to rapeseed. Soybean meal imports are expected to stay at 1.65 million MT.

South Korea: Oilseeds and Products Annual

East Asia and the Pacific, South Korea
Oilseeds, Soybeans, Oilseeds (excl. soybean)

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