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FAS Seoul forecasts that Korean soybean production for MY 2020/21 will increase by 3 percent.

The Korean food market has been significantly impacted by the on-going COVID-19 virus outbreak as consumers since the first local infection reported on January 20, 2020.

Korea launched a new website for displaying agricultural product pesticide maximum residue limits (MRLs).

The pet population in Korea has been steadily increasing.

On December 24, 2018, Korea issued an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products....

Under the 2019 rice Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from three countries: the United States, China, and Vietnam.

Section Updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.

This report provides minimal updates compared to the previous year’s report.

In MY 2018/19, total production of grain and other crops (grain-equivalent basis for potatoes) dropped 12 percent from the previous marketing year to an estimated 4.9 million metric tons....

The Korean government implemented a volume-based liquor tax for beer on January 1, 2020.

U.S. agricultural and related product exports to South Korea exceeded nine billion dollars in 2018, making it our fifth largest agricultural export market.

Korea’s total citrus production for Marketing Year (MY) 2019/20 (October – September) is projected to increase six percent to 645,000 metric tons (MT) from 607,638 MT in MY 2018/19.