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Country Briefs

  Republic of Korea

Reference Date: 20-April-2017

FOOD SECURITY SNAPSHOT

  1. Paddy production in 2017 foreseen to decrease slightly, mainly on anticipation of area cuts

  2. Cereal imports in 2016/17 forecast to increase slightly from last year’s high level

Paddy production in 2017 foreseen to decrease slightly, on anticipation of area cuts

Planting of the 2017 paddy crop is expected to start in June. The area under paddy has declined steadily since 2002 and current expectations are that this trend will continue into 2017 as the Government plans to convert 35 000 hectares of paddy to other uses to avoid over-supply problems due to successive bumper harvests and declines in domestic rice consumption. Steps to promote the utilization of local rice for food, feed and industrial uses as well as for exports were also announced. Considering the anticipated slight decrease in plantings and assuming yields return to average levels, FAO preliminarily forecasts the 2017 paddy production at 5.5 million tonnes, 3 percent below last year’s average level. In addition to rice, small quantities of barley, maize and other cereals are produced.

Cereal imports in 2016/17 forecast to increase slightly from last year’s high level

Total cereal imports in the 2016/17 marketing year (October/September) are forecast at 15 million tonnes, marginally above last year’s high level. Wheat and maize are expected to account for 4.4 and 10 million tonnes, respectively. Imports of rice are forecast at 490 000 tonnes in calendar year 2017.

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