South Korea stopped importing American beef in December 2003 after the discovery of bovine spongiform encephalopathy in a Washington state cow. The U.S. Meat Export Federation said the ban has created a beef shortage and increased demand for pork products in South Korea.
The federation said large retailers in South Korea, such as Wal-Mart, Carrefour and Lotte Mart, reported that U.S. chilled pork belly and Boston butt are popular among South Korean consumers. To encourage this trend, the federation is sponsoring sample-tasting promotions at these stores so consumers could taste the similarities between domestic and U.S. pork.
According to the federation, through March, the United States exported 19,787 metric tons of U.S. pork products to South Korea, a 227 percent increase from the same period last year. Value of this product over the same period reached $47.5 million, a 315 percent increase over the previous year.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now