1. LIVESTOCK ISSUES

Hanwoo Association negotiated with Government and Nonghyup successfully (Korean, WMJ)

http://news1.kr/articles/1262605

Summary: Hanwoo Association called off demonstration which begins from 24^th, July due to succeed in negotiating with government and Nonghyup.  Items of understanding are reduction of Hanwoo cow, a 68 billion won of supporting fund for promoting consumption by Nonghyup, putting Hanwoo steer more than 30 months into a shipment preferentially.       

Dairy industry decided to postpone raising the price and keep careful stance (Korean, WMJ)

http://news.donga.com/3/all/20130802/56799890/1

Summary: Dairy companies and major distribution enterprises which disclosed the plan to raise the price of milk decided to hold off the plan for a while or are hesitating to fix specific time and margin of rise. Since the Ministry of Strategy and Finance (MOSF) checked the movement to raise the price by officials of major distribution company, these situation are happening. So it seems because they are trying to read government’s countenance.    

2. MARKETING ISSUES

Local Garlic Price Plunges to One Third of Regular Year Price [Korean, OSY]

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=101&oid=020&aid=0002457887

Summary: According to the Korea Agro-Fishery Marketing Corporation, price of local garlic harvested this year was sold at 1,450 won per kilogram in the wholesale market on July 31, down 20 percent from July 12.    Plunging price of local garlic is due to large harvest this year, 412,000 metric tons which was 21.5 percent larger than last year’s harvest.  On top of this, imports of garlic from China this year increased 1.7 times from last year to 47,000 metric tons this year.

3. OTHER MISCELLANEOUS ISSUES

Enhanced quarantine Pushes the price of imported fruits (Korean, WMJ)

http://www.nongmin.com/article/ar_detail.htm?ar_id=220694&subMenu=articletotal

Summary: The price of main imported fruits has been raised. The market officials analyze it’s because of enhanced quarantine rather than declining national demand. Under the current regulation, when foreign fruits are imported, they need to be taken inspection in the way of sample survey. And if disease and insect pest is detected, the company which imported that item has to fumigate whole imports. But fumigated items can’t keep their fresh longtime. Because of it, most importers are reducing the imports.