FMD Crisis in South Korea Winding Down
SOUTH KOREA - The FMD crisis is winding down and is expected to come to an end by mid March.
10 March 2011
1 minute read
The cattle sector, which was much less impacted, is still set to expand in 2011. In comparison, the swine industry is reeling after one-third of total inventories were culled, with pork production down to its lowest point in nearly 20-years.
The 2011 pork production estimate has been cut to 760,000 MT, down 33 per cent from the earlier estimate. According to a local think-tank, the local swine sector won’t recover until 2014. Beef and pork imports are expected to partially offset the local pork shortage.
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