South Korea Archives - Page 2 of 3

Cargill expects grain glut to last long time

By GFM Network News May 12, 2017

Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of the global commodity trader said on Friday. Bumper crops have flooded many markets, dragging on prices for grains and hitting profits at agribusiness giants including […] Read more

Livestock, Poultry/Eggs, Reuters

Bird flu redirects trade flow of U.S. chicken, eggs, grains

By GFM Network News April 14, 2017

Chicago | Reuters –– Global outbreaks of bird flu in poultry have altered the flow of U.S. chicken meat, eggs and grain around the world, adding to challenges faced by domestic exporters and giving a leg up to Brazil, which has so far escaped the disease. Different strains of avian flu have been detected across […] Read more

Livestock, Reuters

Brazilian meatpackers slump on import curbs

By GFM Network News March 20, 2017

Sao Paulo/Beijing | Reuters — Fallout from a meatpacking industry scandal in Brazil, the world’s biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. With other import curbs […] Read more

Livestock, Reuters

Pacific trade pact countries seek ‘progressive’ way forward

By GFM Network News March 15, 2017

Vina Del Mar, Chile | Reuters — The remaining members of the Trans-Pacific Partnership (TPP) are seeking a way forward on the trade pact, they said on Wednesday, as some emphasized the need for deals to address concerns about workers’ rights and other issues. The TPP, which originally covered some 40 per cent of global […] Read more

BNSF crews clear track near Lemmon, S.D., about 300 km northeast of Rapid City, in late December 2016. (BNSF.com)

Crops, Reuters, Weather

Snow, avalanches, rain delay grain movement to U.S. ports

By Reuters, GFM Network News February 10, 2017

Chicago | Reuters — Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards, avalanches and heavy rain in recent weeks have hit transport of corn, […] Read more

Crops

With demand, deregulation, ‘opportunities abound’ for hemp

By GFM Network News February 2, 2017

CNS Canada — Aggressive contracting in the hemp sector is expected to bump up Canadian acres — another benefit for growers who will experience less red tape this year. “We’ve seen a lot of activity on the contracting side for growers,” said Kim Shukla, executive director of the Canadian Hemp Trade Alliance at Steinbach, Man. […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets, Reuters, Spring Wheat

Japan, Korea block certain U.S. wheat varieties

By GFM Network News August 1, 2016

Chicago | Reuters — Japan and South Korea have both taken steps to block certain imports of U.S. wheat after unapproved genetically-modified (GMO) plants from Monsanto seeds were found growing in Washington state, a spokeswoman for the U.S. Department of Agriculture (USDA) said on Monday. Japan’s Ministry of Agriculture, Fisheries and Forestry said it will […] Read more

Crops, Markets

Hemp industry scrambling to meet new Korean demand

By GFM Network News June 2, 2016

CNS Canada — An explosion in demand for Canadian hemp out of South Korea is welcome news for the industry, but strict regulations may hamper just how much of that demand will be met this year. “The doors have blown off the market in Korea for hemp,” said Kim Shukla, executive director of the Canadian […] Read more

Hogs, Livestock, Reuters

Korea finds hogs infected with foot-and-mouth

By Reuters, GFM Network News January 12, 2016

Seoul | Reuters –– South Korea has detected foot-and-mouth in a southwestern hog farm, the first such discovery in nine months and a blow to authorities pushing to contain the disease. The case involved a type of the disease that animals are inoculated against in South Korea, with all 670 hogs at the infected farm […] Read more

Beef Cattle, Livestock, Markets

Korea’s temporary ban on Canadian beef lifted

By Grainews Staff, GFM Network News December 31, 2015

South Korea’s temporary ban on imports of Canadian beef and veal, imposed after Canada’s discovery of a 19th case of BSE in February, has been lifted as of Wednesday. Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland announced the Korean government’s decision Thursday. South Korea had re-imposed its ban on Canadian beef after the […] Read more

GFM Network News

U.S. livestock: CME cattle tick lower in thin pre-holiday trade

U.S. grains: Wheat extends gains on short covering, war risk

Prairie forecast: Plenty more chances for snow over Holidays

Tag Archives South Korea