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 [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s rice paddy area decreased 2.6 percent in 2023 from a year earlier amid a reduction in domestic consumption, data showed Tuesday. The country’s rice cultivation area came to 708,041 hectares, compared with 727,054 hectares tallied a year earlier, according to the data compiled by Statistics Korea. South [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s total arable land decreased for the 10th consecutive year in 2022 as people consumed less rice, leading to an overall contraction of rice paddies, data showed Monday. The country’s arable land totaled 1.52 million hectares — slightly bigger than the size of the U.S. state of Connecticut [...]
SEOUL, Feb. 27 (Korea Bizwire) — The government’s major policies have come under fire due to their potential impact on the South Korean agricultural industry. One such policy involves the slaughter of a large number of cows to lower the wholesale price of Korean beef, while another seeks to remove Shindongjin, a top-quality rice variety, [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Koreans’ consumption of rice hit an all-time low in 2022 due mainly to changes in diet and eating habits, data showed Friday. The average South Korean consumed 56.7 kilograms of rice last year, down 0.4 percent, or 0.2 kilogram, from the previous year, according to the data compiled [...]
Salina, Kansas, USA, Nov. 16 (Korea Bizwire) — Over 70% of the food calories that feed humanity come from annual grain crops, which occupy 60–80% of global croplands. But annual grain dominance may be changing. A study in the journal Nature Sustainability reports that a new high-yielding, long-lived perennial rice with significant environmental, economic, and social sustainability [...]