GFM Network News

South Korea Lifts Tariffs On Chilled Pork Imports

SEOUL/REUTERS South Korea, battling to curb inflation while recovering from its worst outbreak of foot-and- mouth, will impose zero tariffs on all imports of chilled pork for food processing through Sept. 30, the Finance Ministry said in a statement Aug. 2. The move was “to ease tight supplies of raw pork due to foot-and-mouth,” the

South Korea Likely To Lift Canadian Beef Import Ban

South Korea is likely to lift an eight-year ban on Canadian beef imports by the end of June and plans sweeping changes in its grain-growing and import policies in the face of rising global food prices, the country’s farm minister said April 14. Rising global food prices have prompted the country to eye participation in

South Korea’s Recovery From Foot-And-Mouth Slow

South Korea’s swine industry could take one or two years to recover from a foot-and-mouth epidemic that has boosted meat purchases by one of the world’s top pork importers. A long-term boost to the country’s pork imports, mainly from the United States, could support U.S. hog futures already at record highs partly on the back

Korea’s meat import jump seen as short-lived

(Reuters) –– South Korea said Thursday its meat imports jumped in December to meet lost local supply due to outbreaks of foot-and-mouth, but future import gains might be short-lived even as demand remains steady despite the disease outbreak, industry and government sources said. South Korea’s combined beef and pork imports increased 13 per cent month-on-month