신선 미절단 소고기 insights

[Livestock and Fisheries News=Reporter Hong Jeong-min] Amid the ongoing restrictions on the export of Korean beef and pork due to diseases such as foot-and-mouth disease, there is a call for efforts to standardize quality and reduce price fluctuations, as well as to improve the relatively low brand recognition compared to competitor countries. The Korea Meat Importers and Exporters Association held a "Korean Beef and Pork Export Forum" in its meeting room on the 16th, where participating exporters discussed focused measures to expand exports while voicing difficulties in expanding exports. Sales Director Cho Kyu-yong of Taewoo Green Food said, "In the Hong Kong market, Japan is using a marketing strategy to sell Wagyu beef at a lower price than Korean beef, and we currently have no response strategy."

[Agricultural, Fisheries, Livestock and Food Maritime Affairs Newspaper=Reporter Hong Jeong-min] Eogi-gu, Chairman of the National Assembly's Committee on Agriculture, Forestry, Livestock, Food, Maritime and Fisheries (from the Democratic Party, Dangjin) held a 'National Assembly Symposium on the Promotion and Development of the Korean Pork Industry' at the 5th Discussion Room of the National Assembly Office Building on the 15th. This symposium was organized to comprehensively review the current status and issues of the Korean pork industry, discuss the necessity of establishing the 'Act on the Promotion of the Korean Pork Industry', and deliberate on mid- to long-term development strategies. The Korean pork industry, with an annual production value of 9.65 trillion won, is a key food industry that generates the highest production value among agricultural and livestock industries. However, due to the response to the climate crisis, labor shortages caused by the aging of farmers, and environmental and disease issues, the industry faces complex challenges.

According to a report by El Diario de El Salvador on November 11, the Competition Authority launched a study on the beef market in August of last year. Partial findings released by the authority on October 10 indicate that the proportion of imported beef on Salvadoran tables has surpassed that of domestic beef. The Competition Authority noted that a significant characteristic of the national market is the high share of foreign products, with up to 60% of the beef consumed coming from imports. This situation underscores the need for a competitive analysis, while also considering multiple factors such as local production, import supply, and distribution channels. Data from the Central Reserve Bank of El Salvador (BCR) shows that last year, beef imports into El Salvador exceeded $238 million, a year-on-year increase of 10%. Nicaragua is El Salvador's largest beef supplier, with El Salvador importing over $182 million worth of beef from Nicaragua last year, a 6.04% increase year-on-year, accounting for 76.5% of total beef imports; other sources of imports include Costa Rica (13.2%), the United States (3.7%), and Guatemala, Honduras, Panama, the Dominican Republic, and Colombia, among others. It is worth noting that, in addition to beef, the Salvadoran market is also dependent on imports for fruits and vegetables, most of which come from Central American countries. The report also points out that suppliers in the Salvadoran market are becoming more diversified, but retail distribution through supermarkets shows a "highly concentrated" characteristic. The retail market is dominated by two major supermarket chains, Super Selectos and Walmart, in addition to some smaller local supermarkets and municipal markets.