SEJONG/ SEOUL, August 1 (Korea Bizwire) — South Korea’s top trade negotiator said Friday that further opening of the Korean rice market was not discussed in the recently concluded trade deal with the United States, refuting Washington’s claim on the politically sensitive issue. Finance Minister Koo Yun-cheol, who doubles as deputy prime minister for economic [...]
SEOUL, July 31 (Korea Bizwire) — In a notable win for South Korea’s agricultural sector, the government has successfully resisted U.S. demands to further open its domestic rice and beef markets during recent bilateral trade negotiations. The move has been welcomed by farmers and industry groups, who had feared the talks would lead to fresh [...]
SEOUL, July 31 (Korea Bizwire) — South Korean farmers and civic groups on Thursday welcomed the exclusion of rice and beef from the nation’s latest trade deal with the United States. “The government emphasized that there will be no further opening of rice and beef markets,” they said in a statement issued during a rally [...]
SEOUL, April 21 (Korea Bizwire) — South Korea plans to export 22 tons of rice to Japan, the largest volume in 35 years, following a surge in rice prices in the neighboring country, a trade company said Monday. The Japan office of South Korea’s NH Trading Co. imported 2 tons of Korean rice products last [...]
GANGJIN, Oct. 3 (Korea Bizwire) – In Gangjin County, South Korea, a novel approach to rice cultivation is gaining attention: rice grown to the accompaniment of music. This unique method, known as “Green Music Farming,” is producing organic rice that’s literally raised on a diet of sound. The farm plays a mix of Western classical compositions, [...]
CHUNGNAM, Sept. 6 (Korea Bizwire) – In a dramatic display of frustration, farmers across seven cities and counties in South Korea’s South Chungcheong Province took to their fields on September 5, using tractors to plow under their rice crops just weeks before harvest. The action came as part of a larger protest organized by the South [...]
SEJONG, Sept. 3 (Korea Bizwire) — South Korea’s exports of food products over the first eight months of 2024 increased 8.7 percent from a year earlier on the back of robust shipments of instant noodles and processed rice products, data showed Tuesday. Outbound shipments of processed and fresh foodstuffs reached US$6.47 billion over the January-August [...]
SEOUL, Aug. 19 (Korea Bizwire) — The agriculture ministry said Monday the government will purchase a total of 450,000 tons of rice for its reserves to stabilize market prices and address an oversupply of the grain. Under the plan passed during a Cabinet meeting, the government will purchase 400,000 tons of rice harvested this year, [...]
SEOUL, Jul. 1 (Korea Bizwire) — The agricultural ministry said Monday it has launched steps to purchase 50,000 tons of rice in order to stabilize its price. The latest move comes in line with efforts to reduce the 150,000 tons of rice in storage, which was harvested in 2023, in the market this year, according [...]
SEJONG, Mar. 26 (Korea Bizwire) – A recent analysis by Statistics Korea has unveiled revealing insights into the nation’s breakfast habits and rice consumption patterns. The findings, published in the spring issue of “Statistics Plus,” indicate that nearly 30% of Koreans skip breakfast, while rice intake is higher at restaurants compared to home-cooked meals, with older [...]