Korean Pig Farmers Hit as Pork Imports Jump

by 5m Editor
22 February 2013, at 7:47am

SOUTH KOREA - Korea’s pork imports soared nearly 35 per cent in January from the previous month, dragging down prices and posing a threat to pig farms in the country, sources reported.

According to data from the Animal, Plant and Fisheries Quarantine and Inspection Agency, the country’s pork imports amounted to about 27,000 tons in January, up 34.7 per cent from December 2012. Compared with a year ago, pork imports rose 5.3 per cent in January.

Korea Joongang Daily reports that nearly 60 per cent, or 15,000 tons, of the pork imported in January came from the United States.