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USDA: Republic of Korea Grain and Feed Update

13 February 2012
USDA Foreign Agricultural Service

US - The Korean government recently released the 2012 Minimum Market Access (MMA) rice purchasing plan. Under the MMA, Korea will purchase nearly 368,006 MT of rice, comprised of 162,778 MT under the global quota (GQ) and several country specific quotas (CSQ) totaling 205,228 MT.

The United States is expected to receive around 100,000 MT, or 27 per cent of the total MMA taking into account the US CSQ and the medium grain allocation. Eighty per cent of the US CSQ quota has been allocated to table rice this year, compared to 55 per cent in 2011.

Further Reading

- You can view the full report by clicking here.

February 2012

TheCropSite News Desk

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