ANALYSIS: Korea's August 2024 Beef Imports Defy Decade-Long Trend, Falls 1.2% M-o-M
Korea's August 2024 beef imports hit 38,128 metric tonnes (mt), slipping 1.2% (-448 mt) month-on-month (m-o-m), according to the latest figures from the Korea Customs Service.
While the monthly decrease was modest, it marked the first decline since 2014. Historically, August imports tend to rise from July in anticipation of the major holiday, Chuseok.
This drop was primarily driven by reduced supply from the United States, impacted by a herd size crunch, although it was partially offset by higher...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.