Agricultural leaders are back from a week-long trade mission overseas. Under Secretary for Trade and Foreign Agricultural Affairs, Alexis M. Taylor led the South Korea trade mission, which included representatives from 49 U.S. companies and organizations. “U.S. food and agricultural products are really recognized by South Korean consumers and importers for their reliability, their quality, and their sustainability as well. …
Lumpy Skin Disease Impacts Major U.S. Trade Partner
by Will Jordan A Lumpy Skin Disease outbreak is spreading across South Korea with 29 cases of the highly infectious viral disease reported as of Wednesday, October 25th. Though Lumpy Skin Disease was introduced to Asia in 2019, this is the first outbreak of its kind in South Korea. While the disease does not pose a risk to humans, it …
USMEF Conference Concludes with Focus on Korea
The U.S. Meat Export Federation (USMEF) Strategic Planning Conference and Board of Directors Meeting took place last week in Carlsbad, Calif. The event wrapped up Saturday with a session focused on U.S. red meat’s success in South Korea. The conference marked the 45th anniversary of the founding of USMEF and 30 years since it established an office in Seoul, South Korea. …
U.S. and South Korea Reach Agreement on Guaranteed Market Access for American Rice
(USDA) – United States Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue are pleased to announce that the Trump Administration has reached an agreement with the government of South Korea on market access for U.S. rice. Under the agreement, Korea will provide access for 132,304 tons of U.S. rice annually, with an annual value of approximately $110 million. …
Retail Success Drives U.S. Beef’s Growth in Korea
We had a story yesterday noting USDA export numbers, compiled by the U.S. Meat Export Federation, shows U.S. beef exports in 2018 topped both volume and value records set in 2017. And part of that rise is contributed to the strong demand for U.S. beef in South Korea. Joe Schuele has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture …
FAS Administrator Isley to Lead South Korea Trade Mission
Representatives from nearly 50 U.S. agribusinesses and farm organizations will join Foreign Agricultural Service (FAS) Administrator Ken Isley on a U.S. Department of Agriculture (USDA) trade mission to Seoul, South Korea, Nov. 5-8. “Korea is consistently among the largest and most reliable export markets for U.S. agriculture and the U.S.-Korea Free Trade Agreement, known as KORUS, has opened up even …
U.S. Agricultural Export Opportunities in South Korea
South Korea is one of the most reliable export markets for U.S. agricultural goods. Its vibrant economy offers easy access to modern retail outlets and is home to a large urban population seeking convenient and healthy food products. Increasing wealth, a growing number of women in the workforce, and a younger generation seeking international foods are also contributing to the …
Presidents of U.S. and South Korea Sign Free Trade Agreement Document
The new U.S./South Korea Free Trade Agreement is one step closer to being implemented. Gary Crawford has the story. Presidents of U.S. and South Korea Sign Free Trade Agreement Document Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
May Beef Exports Shatter Record While Pork Exports Go Lower
U.S. beef exports set a new value record in May, while also significantly increasing year-over-year in volume. That’s according to new data released by the USDA and compiled by the U.S. Meat Export Federation. May pork exports were lower, although January-May totals for U.S. pork remained ahead of last year’s pace. Beef export volume was 117,871 metric tons in May, …
KORUS Agreement a Relief to Agriculture
Agriculture was ‘left out’ of the U.S.-Korea (KORUS) Free Trade Agreement renegotiation effort, a relief to the sector. For many in agriculture, there was more to lose than gain in the renegotiation effort. The U.S. is the largest supplier of beef to Korea and the second largest pork supplier. Data from the U.S. Meat Export Federation shows red meat exports …