Korean Cattle Slaughter Up 50 Per Cent

SOUTH KOREA - Korean government statistics released this week quantified the magnitude of the increase in Korean beef production so far in 2012, with total cattle slaughter for January and February up 50 per cent year-on-year, at 176,610 head.
calendar icon 19 April 2012
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Meat & Livestock Australia

Interestingly, while the year-on-year increases for the first two months of 2012 is compared to a disrupted period in 2011 (due to the foot and mouth disease outbreak); it was still 34 per cent above the same two month period in 2010, reports Meat and Livestock Australia.

A significant component of Korean slaughter so far in 2012 has been an increase in Hanwoo cow numbers, at 66,287 head – up 83 per cent year-on-year and 36 per cent on 2010. Hanwoo cows made up 38 per cent of total cattle slaughter (including Hanwoo, beef cattle and dairy), with assistance from government programmes aimed at helping to lower herd numbers, given the prolonged period of lower cattle prices.

Total Korean beef imports in the first two months of 2012 decreased seven per cent year-on-year, but were still 10 per cent above the same period in 2010 (KITA).

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