South Korea Agribusiness Q4 2019
Key View :
We continue to hold a subdued outlook for the South Korean agricultural sector over our forecast period through to2023, with our consumption forecasts marginally more positive on balance. The livestock industry has been plagued by variousdisease outbreaks in the past, but these have largely been contained. Government-led efforts will benefit the industry over the longterm and help it to remain relevant. These include the expansion of education and financial support for farmers to allow them entryinto the food processing business, plans to modernise traditional methods of food production, the creation of new agricultural fooddistricts for exporters, and the introduction of state designation of food exporting companies.
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