Domestic chicken self-sufficiency rate collapses to 80% in South Korea

Published 2024년 12월 24일

Tridge summary

The livestock industry in South Korea has had a challenging year due to weather conditions, high production costs, policy issues, and disease outbreaks. The industry has also struggled with a government quota tariff that has led to a decrease in domestic chicken self-sufficiency and a surge in imports, resulting in low prices for broiler chicken. This has been exacerbated by unfair practices in the industry and disagreements over expanding breeding areas for laying hens. Despite these challenges, there have been positive developments, including the export of South Korean heat-treated chicken products to the EU and the UK, a milestone achieved 27 years after the request was made. However, the industry is still facing challenges in controlling supply and demand due to the tariff and ongoing legal disputes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The livestock industry, which started off with new hopes in the year of Gapjin, is preparing to bid farewell to the year of Gapjin and welcome the new year of Eulsa. Throughout this year, livestock farmers have worked hard to ensure stable livestock farming despite difficult conditions such as record-breaking heat waves and soaring production costs. It has also been a difficult year in terms of policy and quarantine, with the failure of the Korean Beef Act, the spread of livestock infectious diseases, the dispute over the expansion of the breeding area for laying hens, and the continued quota tariff on chicken. The Korea Agricultural and Fishery Newspaper will look back on the eventful year of Gapjin through ‘Issues of 2024 by Livestock Type.’ Issues that have persisted in the broiler industry for years have continued this year, tormenting broiler farmers and affiliated companies. According to the broiler industry, news has been coming since the beginning of the year that the ...
Source: Agrinet

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