Tag - Beef imports hit record high in 2015

Beef imports hit record high in 2015

South Korea’s beef imports surged to record highs in 2015 mainly on a spike in local meat prices, government data showed Wednesday. The country imported more than $1.81 billion worth of beef last year that exceeded the previous record of $1.67 billion in 2014, according to data from the Korea Customs Service. It was also the highest figure since the agency started keeping such data in 1995. “Demand for imports rose as local beef prices surged to levels seen in 2010 [...]

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