SOUTH KOREA PLANNING TO LIFT CHICKEN IMPORT TARIFFS AMID BIRD FLU-INDUCED SUPPLY SHORTAGES
March 1st, 2017
South Korea’s ministry of agriculture, food and rural affairs announced yesterday (March 13) that it plans to lift chicken import tariffs from early April to stabilise local chicken prices.
These have been rising since the ministry on March 6 banned imports of US poultry after a strain of H7 bird flu virus was confirmed at a Tennessee, USA, chicken farm that supplies poultry major Tyson Foods. Prices had been elevated prior to the ban, as South Korea this winter culled 35 million birds, or one-fifth of all South Korean poultry, as a response to local avian ...
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