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Yeongdon Oak Barrel Workshop Ramps Up Mass Production

Yeongdon Oak Barrel Workshop Ramps Up Mass Production

YEONGDONG, Mar. 15 (Korea Bizwire) — In Yeongdong County, North Chungcheong Province, where the country’s only grape and wine industry special zone is located, Korean oak barrels are being manufactured in large quantities for the production of alcoholic beverages. According to Yeongdong County on Thursday, the Yeongdong Oak Barrel Workshop produces oak barrels sized 5-liter [...]

Popularity of Imported Fruits Skyrockets

Popularity of Imported Fruits Skyrockets

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 [...]

South Korean Grape Farms Under Threat From Trade Deals

South Korean Grape Farms Under Threat From Trade Deals

North Chungcheong, SOUTH KOREA, March 13 (Korea Bizwire) — South Korean grape farms are going out of business as they are having difficulty competing with American and Chilean grape exporters following FTA agreements with both countries. In Yeongdong and Okcheon County in North Chungcheong Province, well-known grape-producing districts, nearly a third of the grape farms [...]

Carrot, Grape and Blueberry Farmers Eligible for Subsidies after FTA Losses

Carrot, Grape and Blueberry Farmers Eligible for Subsidies after FTA Losses

SEOUL, April 18 (Korea Bizwire) – The economic impact on certain farmers of locally raised fresh fruits has proven to be relatively high compared to others, based on price declines following the South Korea-U.S. Free Trade Agreement. Carrots, grapes and blueberries have been designated for support from government subsidies, according to the Ministry of Agriculture, [...]