Reading Time: 3 minutes The United States is still racing to determine how unapproved genetically modified (GM) wheat was found growing in an Oregon field, a discovery that continued to roil global wheat markets on Friday as South Korean buyers stepped aside. A top official with the U.S. Department of Agriculture said investigators are “pursuing many avenues” to determine […] Read more
U.S. seeks source of errant GM wheat as importers flee
Korea’s beef ban seen likely lifted by June
Reading Time: 3 minutes South Korea is likely to lift an eight-year ban on Canadian beef imports by end 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. Rising global food prices have prompted the country to eye participation in grain operations abroad […] Read more
Korea’s foot-and-mouth recovery could take year or two
Reading Time: 3 minutes 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 […] Read more
Korea’s meat import jump seen as short-lived
Reading Time: 2 minutes (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 […] Read more
A message from April Stewart, Country Guide's Associate Editor
