south korea

The name of the game for most U.S. commodities is international trade, finding new markets and expanding existing ones.  And the U.S. beef sector is no different.  The University of Idaho’s Dr. Phil Bass said the beef industry is starting to get some help when it comes to trade agreements, adding that the U.S. Meat Export Federation...

A team of feed grain and DDGS buyers from Korea will be in the U.S. in the coming days to take a close look at the corn crop.  The team, which includes a Korean government official, will get to better understand grain quality control and export systems in Washington, Nebraska, Iowa, and Illinois.  The tea...

Changes are coming to the JR Simplot Company.  The Boise-based company announced Monday it will merge a pair of divisions into one, along with making leadership changes as well.  Company officials announced it would merge Simplot Australia with the Simplot Food Group forming a new group: Simplot Global Foods.  The business will...

Earlier this week, Economic Research Service reported organic trade reached $3.4 billion in 2021.  Since 2011, there has been an uptick in the total value of imported organic products, partially because more products are being tracked and partially because more high-value organic products, such as blueberries and squash, are being imported into the United States.  The Uni...

South Korea is the largest value market for U.S. beef exports, and it's on pace to possibly reach $3 billion this year.  In an effort to combat rising prices, Korea  created a duty-free quota for American beef.  Erin Borror, Vice President for Economic Analysis at the U.S. Meat Export Fede...

Oregon State University researchers are set to release a wasp discovered in South Korea, in an effort to combat an invasive fruit fly that causes $500 million in damage to the state’s fruit crops every year.  Professor Vaughn Walton led the team who found the parasitic wasp, and he says it should significantly reduce the need for expensive chemical pesticides. “The t...

International grain buyers are looking for different places to buy wheat and corn as a Russian invasion cut off Ukrainian supplies. Reuters said European Union producers like Romania and France are being used to cover some nearby shipments ...

U.S. Agriculture posted its highest annual export levels ever recorded in 2021. The final 2021 trade data published by the Department of Commerce Tuesday shows that exports of U.S. farm and food products totaled $177 billion. The total beat the 2020 figure by 18% and eclipsed the previous record set in 2014, by 14 ...

Canada recently reported a case of atypical bovine spongiform encephalopathy in an eight-year-old beef cow on a farm in Alberta. The Canadian Food Inspection Agency notified the World Organization for Animal Health of the case. Canada said the detection and reporting of an atypical BSE case will not affect the OIE negligible risk status of Canada, and market access for Canadian animals and beef

U.S. beef exports set another value record in July. Data recently released by USDA and compiled by the U.S. Meat Export Federation shows export value climbed 45% year-over-year to just over $939 million, while volume was the third largest of the post-BSE era at 122,743 metric tons, up 14% year-over-year ...