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Vending Machines to Start Selling Beef

Vending Machines to Start Selling Beef

SEOUL, Jun. 14 (Korea Bizwire) — Starting at the end of this month, beef will be available through IoT-based vending machines for purchase by consumers. The measure is aimed at relaxing measures previously binding the livestock industry while helping consumers gain easier access to beef. When beef goes on sale at vending machines, consumers will [...]

Korean Beef Sales Down on Anti-Graft Law

Korean Beef Sales Down on Anti-Graft Law

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 [...]

Koreans Consuming More Meat and Less Grain

Koreans Consuming More Meat and Less Grain

SEOUL, June 22 (Korea Bizwire) – For the past ten years, westernized dietary patterns of Koreans have led to increased consumption of meat, while consumption of grain has decreased. The average Korean consumes more meat than individuals in neighboring countries including China and Japan, according to the Korea Times. Based on the ‘Report on a Change [...]

S. Koreans’ Meat Consumption Lags Behind OECD Average in 2014

S. Koreans’ Meat Consumption Lags Behind OECD Average in 2014

SEJONG, April 15 (Korea Bizwire) – South Koreans’ meat consumption has increased a large extent for the past few decades but still lags far behind the average intake of other advanced countries, a government report showed Friday. According to the report from the Ministry of Agriculture, Food and Rural Affairs, the country’s annual per-capita consumption [...]

Beef Bribery: Agriculture and Livestock Industry in State of Emergency

Beef Bribery: Agriculture and Livestock Industry in State of Emergency

SEJONG, August 3 (Korea Bizwire) – Agriculture and livestock industry businesses are increasingly nervous as the so-called ‘Kim Young-ran Law’, a law prohibiting illegal solicitation and bribery, will soon come into effect. The tension is derived from concerns that the consumption of agricultural, animal and marine products will drop because criminal penalties could imposed on [...]