SEJONG, Jan. 30 (Korea Bizwire) — South Korea’s agricultural ministry said Wednesday it has won approval from its Australian counterpart to ship Korean Kyoho grapes there starting this year. The Ministry of Agriculture, Food and Rural Affairs said it has paved the way for South Korean farms to ship Kyoho grapes, which are normally larger [...]
SEOUL, Jan. 28 (Korea Bizwire) — Per capita rice consumption in South Korea dropped to a record low in 2018, data showed Monday, although the rate of decrease slowed compared with recent years on the back of the popularity of ready-to-eat meals. According to the data by Statistics Korea, the average annual consumption of rice [...]
SEOUL, Jan. 27 (Korea Bizwire) — The average price of onions sold in South Korea fell sharply in January from a year earlier despite a decreased amount of imports due to the expanded supply from local farms, data showed Sunday. According to the data compiled by the state-run Korea Agro-Fisheries & Food Trade Corp., the [...]
SEOUL, Jan. 25 (Korea Bizwire) — Agriculture-related stocks rallied on Thursday as famous American businessman and legendary investor Jim Rogers mentioned agriculture as an area of interest. On the same day, shares of ASIA SEED Co., which produces seeds such as cabbage and sweet pumpkin, soared 29.92 percent to closed at 9,770 won. Jim Rogers [...]
JEONJU, Jan. 23 (Korea Bizwire) — Agricultural and fish products from North Jeolla Province have, for the very first time, surpassed US$300 million in exports last year, one-third of which were attributed to the province’s signature seaweed. North Jeolla Province reported US$318 million in agricultural and fish exports last year, which was a 41.5 percent [...]
SEOUL, Jan. 22 (Korea Bizwire) — The National Agricultural Products Quality Management Service (NAQS) announced on Monday methods of distinguishing the country of origin of agricultural products with Lunar New Year’s Day ahead. Light brown jujubes with fewer wrinkles, chestnuts with thick inner peel, and dried persimmon with rounded tips are all agricultural products from [...]
SEOUL, Jan. 16 (Korea Bizwire) — South Korean exports of farmed seafood products grew 2.5 percent on-year to a fresh all-time high in 2018, despite a drop in output, data showed Wednesday. Overseas shipments of dried laver and other farm-raised seafood stood at US$2.38 billion last year, compared with $2.32 billion a year earlier, according [...]
SEOUL, Jan. 8 (Korea Bizwire) — A recent consumer behavior survey has shown that consumers put taste and quality first as the most important factors when choosing livestock products. While preference for imported livestock products dropped after mad cow disease scares, the willingness to purchase imported livestock products has been steadily increasing since then. When [...]
CHUNCHEON, Dec. 26 (Korea Bizwire) — The city of Chuncheon, Gangwon Province has decided to hire more foreign workers to assist farmers during the farming season after receiving satisfactory feedback from farmers who participated in a similar project this year. The program hires temporary foreign workers who, after entering South Korea, are sent to local [...]
SEOUL, Dec. 26 (Korea Bizwire) — This winter, demand for imported fruits is increasing as domestic fruit produced in the winter is limited to produce such as tangerines and strawberries. According to the Korea Agro-Fisheries & Food Trade Corp., grapes are particularly popular this year. Grape imports stalled in 2016 after reaching a peak in [...]