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TheCattleSite Latest News: Korea, South

05 April 2012
View news from Korea, South South Korea Sees Food Exports Grow
SOUTH KOREA - South Korea’s food and agriculture exports rose more than 11 per cent on-year in the first quarter of 2012 on solid demand in the United States, Japan and China, the government said Tuesday. ...
23 March 2012
View news from Korea, South Korean Beef Demand Picks Up
SOUTH KOREA - Australian beef exporters reported this week that overall demand from Korean buyers had improved so far in March, especially compared to the first two months this year....
16 March 2012
View news from Korea, South Korean Producers Struggle As Prices Collapse
SOUTH KOREA - Oversupply of cattle is expected to push prices further down in 2012, according to the USDA Foreign Agricultural Service. ...
15 March 2012
View news from Korea, South US Beef Tariff Reduction Impact on Korean Market
US/ SOUTH KOREA - The Korea-US (KORUS) Free Trade Agreement came into effect this week (15 March), reducing Korea’s import tariff for US beef from 40 per cent, to 37.33 per cent....
10 February 2012
View news from Korea, South Importers Face High Stocks & Weak Demand
AUSTRALIA - Various Korean beef importers reported this week that high stock levels and weak consumer demand is hindering trading activity, reports Meat and Livestock Australia....
25 January 2012
View news from Korea, South S.Korea Company to Offer FMD Prevention Service
SOUTH KOREA - South Korea's leading security service provider plans to expand its business operations to help control the spread of Foot and Mouth Disease (FMD), industry sources said Tuesday....
20 January 2012
View news from Korea, South Minister Urges Greater Efforts to Boost Farm Exports
SOUTH KOREA - South Korea's agriculture minister on Thursday urged increased efforts to boost the country's food and agricultural exports, stating the country's free trade agreement (FTA) with the United States will offer new opportunities....
19 January 2012
View news from Korea, South Retailers Make Huge Profits From Beef Sales
SOUTH KOREA - Excessive profits by department stores and supermarket chains were cited on Thursday as the main reason why hanwoo meat (beef) remains expensive despite a plunge in homebred cattle prices....
16 January 2012
View news from Korea, South S. Korea Begins Full Probe Into Beef Pricing
SOUTH KOREA - South Korea has launched a full-scale investigation into its complicated beef distribution system that's under fire for leading to unusually expensive meat despite plunging cattle prices, the farm minister said Monday....
12 January 2012
View news from Korea, South Korean Farmers Struggle: Falling Prices, Higher Costs
SOUTH KOREA - Korean cattle farmers have been hit by falling cattle prices, largely due to an increased supply of domestic beef, while soaring animal feed prices have pushed up production costs, reports Meat and Livestock Australia (MLA)....
10 January 2012
View news from Korea, South Seoul Seeks to Start Exporting Beef
SOUTH KOREA - South Korea will seek to begin exporting beef within a few years as part of its efforts to help stabilise prices, the agriculture minister said Tuesday....
04 January 2012
View news from Korea, South S. Korea Govt Blames Producers For Poor Prices
ANALYSIS - Despite beef and cattle prices reaching record highs across the world, the situation in South Korea is quite different, writes TheCattleSite editor Charlotte Johnston....
View news from Korea, South 300,000 Cows To Be Culled Amid Price Plunge
SOUTH KOREA - South Korea will seek to cull up to 300,000 cows in the next two years while working to boost its beef consumption to help keep prices up, the government said Wednesday....
03 January 2012
View news from Korea, South Govt Offers Protection From FTAs
SOUTH KOREA - South Korea will expand its support for the fishery and agricultural sectors to ease their losses from a massive influx of outside products under free trade agreements (FTAs), the finance ministry said....
23 December 2011
View news from Korea, South Beef Imports Up 20 Per Cent In 2011
SOUTH KOREA - Korean beef imports totalled 23,533 tonnes swt during November, taking the total for the first 11 months of 2011 to 283,103 tonnes swt (KITA), up 20 per cent year-on-year, reports Meat and Livestock Australia (MLA)....
07 December 2011
View news from Korea, South Food & Agriculture Exports Jump To New High
SOUTH KOREA - South Korea's exports of food and other agricultural products surged to a new monthly high for the year last month, largely on growing demands from Japan and China, the government commented....
05 December 2011
View news from Korea, South Korea Reviews Animal Drug Residue Levels
SOUTH KOREA - The Korean Food & Drug Administration (KFDA), which sets maximum residue limits (MRL) for veterinary drugs (as well as pesticides) in livestock products including meat, dairy products, fish and honey, will soon begin reviewing existing veterinary...
View news from Korea, South Beef Overtakes Pork
SOUTH KOREA - Sales of beef in supermarkets exceeded those of pork for the first time in nine years after foot-and-mouth disease led to the cull of vast numbers of pigs....
15 November 2011
View news from Korea, South S. Korea Reports Suspected Case of FMD
SEOUL, SOUTH KOREA - A suspected case of foot-and-mouth disease (FMD) was reported at a farm in Cheongsong, about 285 kilometers southeast of Seoul, the government said Tuesday....
03 November 2011
View news from Korea, South Suspected FMD Case Reported in Andong
SOUTH KOREA - A suspected case of foot-and-mouth disease was reported at a cattle farm in Andong, North Gyeongsang Province in southeastern South Korea, on Thursday, the provincial government said....
30 September 2011
View news from Korea, South Foot-and-Mouth Disease Prompts Korean Pork Imports
SOUTH KOREA - With domestic hog production reduced 28.6 per cent (January-to-July) because of foot-and-mouth disease losses, the South Korean government is stimulating pork imports with a duty-free Tariff Rate Quota. ...
28 September 2011
View news from Korea, South Beef Imports Peak In August
KOREA - Preparations for Chuseok (Harvest Festival) helped to drive Korean beef imports for August to their highest monthly level since January 2003, totaling 31,611 tonnes swt (KITA), reports Meat and Livestock Australia (MLA)....
16 September 2011
View news from Korea, South Biomin To Hold Forum In Seoul
SOUTH KOREA - The theme of the Forum will be ‘Lessons from AGP-free feeding systems abroad – What we can learn and what we can apply in Korea’....
25 August 2011
View news from Korea, South Beef Imports Continue To Rise
SOUTH KOREA - Korean beef imports have continued to grow, reporting a growth of 14 per cent year on year, reports Meat and Livestock Australia (MLA)....
18 August 2011
View news from Korea, South Government Presses Companies To Limit Price Hike
SOUTH KOREA - The government has pressed the country's dairy companies to limit price hikes following the recent adjustment in raw milk prices. ...
16 August 2011
View news from Korea, South Farmers & Producers Agree On Raw Milk Price Hike
SOUTH KOREA - Dairy farmers and milk producers reached a long delayed agreement on a hike in the price of raw milk, a move feared to make milk products more expensive and add to inflationary pressure....
15 August 2011
View news from Korea, South Raw Milk Price Talks Resume
SOUTH KOREA - Dairy farmers and milk companies in South Korea have resumed talks to determine how much and when to raise the prices of raw milk after failing to find middle ground last week, industry sources said....
12 August 2011
View news from Korea, South Raw Milk Talks Break Down
SOUTH KOREA - Dairy farmers and milk companies failed to find middle ground on a hike in raw milk prices on Friday but farmers lifted a ban on shipments, averting a crippling supply shortage. ...
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