Korean Beef Imports Remain High
KOREA - Korean beef imports maintained their momentum during July, jumping 21 per cent year-on-year, to 21,575 tonnes swt, with shipments for the first seven months of 2010 up 21 per cent on 2009 levels, at 146,244 tonnes swt.

Korea Delays Beef Talks With Canada
SOUTH KOREA - Bilateral talks between Korea and Canada to be held on 13 July this year to discuss the resumption of Canadian beef imports into Korea were unexpectedly delayed.

Economic Growth To Spur Korean Meat Demand
SOUTH KOREA - Demand for feed corn in South Korea, the world's third largest corn buyer, is expected to increase five per cent in 2010, as the continued economic recovery boosts meat consumption, according to Nonghyup Feed Inc.

Korean Cattle Slaughter Falls After Five Year Growth
KOREA - Korean cattle slaughter totalled 252,318 head during the first four months of 2010 - a decline of 12 per cent compared to the same period in 2009. With the decline in domestic beef production, demand for imported beef surged, rising 16 per cent...

Unchanged Conditions in Korean Wholesale Market
SOUTH KOREA - Similar to last week, Australian beef exporters reported on steady to slower demand from Korean traders this week, according to Meat and Livestock Australia.

Korean Wholesale Market Struggles With Rib Prices
SOUTH KOREA - The Korean market reported another tough week for its most wanted item – short ribs. Prices for imported short rib have surged since the beginning 2010, primarily due to falling supplies.

FMD Not Stopping Korean Beef Demand
SOUTH KOREA - One week before the foot-and-mouth disease (FMD) outbreak in Ganghwa, Korean prices for cattle and pig carcases dropped slightly, but picked up since then, despite the infectious disease.

Traders Struggle to Satisfy Korean Beef Demand
KOREA - Australia’s beef traders reported on solid demand and strong prices from Korea this week, but were at times unable to capitalise on this demand due to the lack of beef supply. This resulted in low beef trading among Korean wholesalers.

Korea Not Yet Declaring End of Foot-and-Mouth Outbreak
SOUTH KOREA - The Korean government has said it will that it will delay declaring an end to the livestock foot-and-mouth disease outbreak in Korea for about a month to prevent a recurrence of the highly contagious disease.

Korea's FMD Impact On Trade And Retail
SOUTH KOREA - The Korean Ministry for Food, Agriculture, Forestry and Fisheries (MIFAFF) has reported that no additional foot-and-mouth disease (FMD) cases were found since 19 January and there have been no reports on suspected cases since 21 January...

Second Foot and Mouth Outbreak
SOUTH KOREA - South Korea reported on Thursday another outbreak of foot-and-mouth disease in a local cattle farm, about a week after the first outbreak in eight years, the government said.

Five Markets Close Over Foot-and-Mouth Disease
SOUTH KOREA - Five cattle markets in South Korea on Monday decided to close indefinitely following the recent outbreak of foot-and-mouth disease in the country.

Price of 'Hanwoo' Hits Record High in Q4
SOUTH KOREA - Prices for a head of domestically raised beef cattle hit a record high in the fourth quarter of last year due to a surge in demand.

US Beef Campaign In South Korea
SOUTH KOREA - The US Meat Export Federation (USMEF) this week unveiled a multimedia advertising campaign with a “women-to-women” theme designed to raise the visibility of US beef among South Korean consumers and counteract persistent negative images that...

Korean Cattle Slaughter Tumbles After Chuseok
KOREA - In September, total Korean cattle slaughter rose 74 per cent on August this year and 69 per cent on the same month last year in anticipation of increased beef demand for Chuseok.

Korean Beef Imports - Highest Since Early 2008
SOUTH KOREA - In September this year (one month before Chuseok), Korea imported the highest volume of beef since January 2008, totalling 21,750 tonnes swt.

Korean Beef Hits Its Priciest Ever
SOUTH KOREA - Demand for hanwoo (Korean beef) has failed to fall after the end of the Chuseok holiday season.

Restaurant Defies the Odds by Selling US Steaks
SOUTH KOREA - A little over one year ago, South Koreans were lining up by the thousands to protest – against their own government and against US beef.

Canada Unhappy with Korean Beef Ban
SOUTH KOREA - South Korean trade measures are affecting the importation of bovine meat and meat products from Canada.

New Zealand Beef Steady in Korean Market
SOUTH KOREA - New Zealand beef is continuing to retain its share of the imported beef market in Korea in spite of the re-entry of beef from the USA in 2007, according to Meat & Wool New Zealand Chairman, Mike Petersen.