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Wheat Import Prices Hit Over 13-year High in March

Wheat Import Prices Hit Over 13-year High in March

SEOUL, April 20 (Korea Bizwire) — South Korea’s wheat import prices soared to an over 13-year high in March on the impact of Russia’s invasion of Ukraine and a global supply chain bottleneck, data showed Wednesday, exerting upward pressure on food prices here. The country’s import prices of wheat amounted to US$402 per ton last [...]

Amount of Grain Brought Home by S. Korean Agricultural Firms Doubles in 2020

Amount of Grain Brought Home by S. Korean Agricultural Firms Doubles in 2020

SEOUL, Feb. 4 (Korea Bizwire) — The amount of wheat and other grains brought home by South Korean agricultural firms more than doubled in 2020 from a year earlier, data showed Thursday, in line with the country’s efforts to revamp its national food security. The combined amount of grains excluding rice imported through South Korean [...]