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Slight decrease in the number of South Korean cattle raised

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Published Nov 30, 2023

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The analysis by the Korea Rural Economic Institute has shown that the number of Korean cattle raised slightly decreased in December and is expected to continue declining next year. The decrease is attributed to an increase in cow slaughter and a decrease in the number of cows under one year of age. However, the Korea Agricultural Research Institute suggests that a rebound is possible depending on the situation of cow slaughter and the number of calves produced.
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Original content

Analysis has shown that the number of Korean cattle raised slightly decreased in December and that the decline in the number of Korean cattle raised will continue next year. The Korea Rural Economic Institute analyzed through livestock observations that the number of Korean cattle raised in December will reach 3.502 million. This is a 1.5% decrease compared to December last year (3.557 million animals). This is interpreted as the effect of an increase in cow slaughter and a decrease in the number of cows under one year of age. It is predicted that the number of breeding animals will continue to decrease, reaching 3.408 million in March and 3.34 million in December next year. However, the Korea Agricultural Research Institute explains that there is a good possibility of a rebound depending on the situation of cow slaughter and the number of calves produced. It is expected that the total number of Korean beef slaughtered this year will reach 943,000, an 8.5% increase compared to ...
Source: Nongmin
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