ANALYSIS: Korea's Nov 2024 Beef Imports Slump to a 9-Month Low at 33,140 mt
Korea’s November 2024 beef imports dropped to the lowest levels since February this year to 33,140 metric tons (mt), according to the latest Korea Customs Service data.
Volumes fell 29.0% or 13,557 mt month-on-month (m-o-m), marking a sharp decline from October 2024's figures, which had reached 46,697 mt, a 9-month high.
Lower tonnages from its major suppliers Australia, the United States (US), as well as New Zealand, Canada, and Mexico contributed to the shrinkage...
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