U.S. soybean imports pressure... domestic bean industry threatened

US-China trade conflict, US soybeans seek new export routes Request for South Korea to share burden Concerns over increased imports harming domestic soybean rate and consumption A new threat has emerged for the domestic soybean industry. Although the area for domestic soybean cultivation is expanding, it still faces difficulties due to the price gap with imported soybeans and insufficient sales channels. Reports have emerged that US soybeans, whose export route to China has been blocked, are seeking to enter the Korean market. Concerns are growing that this could undermine the government's policy of encouraging the cultivation of alternative crops and efforts to expand domestic soybean consumption. Presidential National Security Office Director Lee Won-seok said during a press briefing on the 17th, in response to a question about whether the principles of agricultural product opening related to US-Korea tariffs could change, "The only new agricultural product mentioned in the ...