SEOUL, Dec. 8 (Korea Bizwire) – Egg prices in South Korea are showing signs of jumping as a large number of chickens have been culled due to the recent outbreak of avian influenza, industry sources said Thursday. The country has seen highly pathogenic bird flu cases spread at a rapid pace since mid-November when the [...]
SEOUL, Dec. 7 (Korea Bizwire) – Sales of Korean beef have decreased as consumers prefer cheaper imported beef with the implementation of an anti-graft law, industry data showed Wednesday. E-Mart, the No. 1 discount store chain operated by Shinsegae, said sales of Korean beef came to 11.1 billion won (US$94.7 million) in November, down 25.5 [...]
SEJONG, Dec. 2 (Korea Bizwire) – Exports of South Korean green tea soared 64.6 percent in the first 10 months of the year from a year earlier on the back of rising demand from Asia and Europe, customs data showed Friday. A total of US$3.67 million worth of green tea was shipped abroad in the [...]
SEOUL, Nov. 29 (Korea Bizwire) – Drones will be playing a more active role next year in Korea’s agriculture industry. The National Agricultural Products Quality Management Service (NAQS) announced Monday that it would deploy drones starting in 2017 to efficiently observe crops and farmland, in line with recent study results showing that using drone imagery [...]
SEOUL, Nov. 18 (Korea Bizwire) – Recycling agricultural by-products, especially the peel of fruits and vegetables, is becoming extremely popular in Korea, allowing farms and businesses to make better use of the nutritious benefits of this type of waste, while saving on disposal costs. Jeollanamdo Agricultural Research & Extension Services recently transferred its latest technology [...]
SEOUL, Nov. 18 (Korea Bizwire) – The latest data compiled by the Ministry of Oceans and Fisheries shows that the quantity of imported marine products has soared following new trade agreements, with the large majority coming from China. As of October, there were 25 marine product items that Korea was obliged to import with low [...]
SEOUL, Nov. 18 (Korea Bizwire) – South Korea has exported genetic resources for dairy cattle to the East Africa region for the third consecutive year in 2016, the agriculture ministry said Friday. This year’s exports went to Uganda on request from livestock farms in the African country, the Ministry of Agriculture, Food and Rural Affairs [...]
JEJU, Nov. 15 (Korea Bizwire) – The Jeju Provincial Government announced Tuesday that it will begin operation of an electronic auction platform for the island’s symbolic fruit, tangerines. In a joint collaboration with Jejusi Nonghyup (a local agricultural cooperative), the system will launch on November 22, offering for sale tangerines with a minimum of 10 [...]
SEOUL, Nov. 15 (Korea Bizwire) – Rising international coffee prices this year could hit South Korea soon, industry officials said Tuesday, although major franchises and coffee companies say they have no immediate plans for a markup. The International Coffee Organization (ICO) in its October report noted the significant rise in coffee prices, with Robusta, used [...]
MUAN, South Korea, Nov. 14 (Korea Bizwire) – Rice consumption in Korea is at all-time low, mainly driven by changing appetite, with the annual per-capita rice consumption dropping from 128.1kg in 1985 to 62.9kg in 2015. In a struggle against declining consumption, “functional rice” breeds are being introduced, highlighting features like weight loss, diabetes prevention, [...]