South Korea Livestock and Products Semi Annual Report 2008
Lower international pork prices in the United States and increasinly lower tariffs for Chilean pork will make imported pork and pork products more price competitive this year. Total imports of pork are forecast at 452,000 tons, an increase of 2.5 percent from 2007. The domestic livestock industry is facing higher feed prices this year and will likely increase slaughter rates from those initially forecasted reports the USDA Foreign Agricultural Service.