SEOUL, Dec. 2 (Korea Bizwire) — Beef imported from the United States increased significantly to hit a share of over 50 percent of South Korea’s imported beef market this year, a trade promotion agency said Monday. South Korea imported 209,034 tons of U.S. beef in the January-October period, up 7.9 percent from 193,685 tons tallied [...]
SEJONG, Nov. 15 (Korea Bizwire) — A new vinyl greenhouse has been developed that maintains an indoor temperature 2 to 3 degrees Celsius cooler than the outdoor temperature during summer. Accordingly, even in the summer, when the temperature is high, vegetables and flowers such as strawberries and roses will be able to be grown and [...]
SEOUL, Nov. 2 (Korea Bizwire) — South Korean farmers are urging local authorities to make efforts to normalize pork prices here in the face of the African swine fever (ASF) outbreak, industry watchers said Saturday. The local wholesale price of pork reached 2,809 won (US$2.4) per kilogram, plunging 28.2 percent from a year earlier as [...]
SEJONG, Oct. 24 (Korea Bizwire) — South Korea’s per capita annual rice consumption fell an average 2.3 percent annually over the past three decades, data showed Thursday. Per capita average annual rice consumption hit a record low of 61 kilograms in 2018, compared with a record high of 136.4 kilograms in 1970, according to the [...]
SEJONG, Oct. 19 (Korea Bizwire) — The average wholesale price of pork in South Korea plunged nearly 40 percent in October from a month earlier, as consumers shunned the meat amid the outbreak of African swine fever (ASF) here, data showed Saturday. A kilogram of pork cost 2,969 won (US$2.52) as of Friday morning, down [...]
SEOUL, Sept. 13 (Korea Bizwire) — The bulk of farmland in South Korea is owned by people over 60, data from the Korea Rural Economic Institute (KREI) showed Friday, raising concerns about the long-term sustainability of the country’s agricultural sector. The latest findings, based on information collected from Statistics Korea, showed that seniors control around [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korea plans to allocate a whopping 248 billion won (US$203 million) for next year to nurture the country’s smart farming industry, Seoul’s agriculture ministry said Tuesday. The budget, which must be approved by parliament later this year, marks a more than 50-percent surge from 162 billion won earmarked [...]
GUNSAN, Aug. 7 (Korea Bizwire) — The city of Gunsan in North Jeolla Province revealed on Tuesday that it is using drones to patrol farmland to detect any cases of heat-related illness. Drones are being deployed in the summer to locate farmers who are exposed to dangers of heat-related illnesses. If there are seniors working [...]
SEOUL, Jul. 30 (Korea Bizwire) — Over the past 38 years, the total income of farmers who grow peaches and onions has increased the most, a recent report has revealed. According to Statistics Korea’s survey of the total income changes for growers of 17 major crops between 1980 and 2018, peaches, with an average annual [...]
SEJONG, Jul. 25 (Korea Bizwire) — Some insects will be classified as “livestock” and farms that raise such insects will be able to receive various benefits for breeding them. The Ministry of Agriculture, Food and Rural Affairs said Wednesday that it has revised the enforcement regulation of the livestock law to recognize insects as livestock [...]