Affordable American Beef Gains Traction
Just four years prior, Seoul witnessed massive demonstrations with over 100,000 South Koreans protesting the resumption of American beef imports. Consumer trust in US beef had reached historic lows during that period.
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Premium Angus Beef Launch
CJ Foods has introduced a proprietary line of Korean barbecue offerings featuring Certified Angus Beef products.
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Strong Pork Market Performance
The Korean retail sector reported significant growth this week, with pork sales from August through October rising 8.6% compared to the same period in 2011, while chicken sales grew by only 1% during the equivalent timeframe.
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Domestic Beef Market Analysis
Industry sources confirmed that all discounted Hanwoo (Korean domestic) beef offered by major retailers during the inaugural 'Hanwoo Day' celebration on November 1st sold out completely.
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Concerning Female Cattle Slaughter Rates
September witnessed the slaughter of 63,481 Hanwoo (domestic beef) female cattle, marking the highest monthly total ever recorded according to industry data.
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