DOCSLIB.ORG

Korean Domestic Cattle and Beef Updates and Outlook

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Korean Domestic Cattle and Beef Updates and Outlook Research Paper Korean domestic cattle and beef updates and outlook MLA’s Market Information Service – September 2014 Ryoko Uchida [email protected] Research Paper: Korean domestic cattle and beef updates and outlook KOREAN DOMESTIC CATTLE INDUSTRY Farm numbers The number of cattle farms in Korea has been decreasing constantly since the end of March 1986 (when the data series started, Statistics Korea). The number of cattle farms as at the end of June 2014 was 114,128 – an 88% fall compared to the March quarter in 1986. The majority of cattle farms in Korea remain small producers with less than 20 cattle per farm. In the June quarter 2014, more than two-thirds (69% or 78,569 farms) were registered as small farms, however, the proportion of small farms out of total has been declining steadily since 1986. As the number of small cattle farms has declined, larger farms have been increasing. As at the end of June 2014, farms owning 20 to 50 cattle totalled Figure 1 Korea cattle farm numbers 20,394, accounting for 18% of total cattle producers. 1,200 Also, producers who have 50 to 100 cattle and more 1,000 '000 number of farms than 100 cattle on their properties rose to 9,193 (8% of total farms) and 5,972 farms (5% of total farms), 800 respectively. 600 September 2014 400 The larger size of the Korean domestic cattle herd in recent years is likely to be attributed to an increasing 200 number of cattle being raised on bigger farms. 0 Farm operational costs Source:M Statisticsar-86 Korea Mar-87 Mar-88 Figure 2 ProportionMa rof-89 cattle per farm size In 2012, farm operation cost per 600kg lwt of Hanwoo 100% Mar-90 Mar-91 cattle averaged KRW4,629,796 (A$3,960 Mar-92 % share Mar-93 on-year (Statistics Korea). 80% Mar-94 Mar-95 60% Mar-96 However, the operation cost on small farms with less Mar-97 Mar-98 than 20 head of cattle during 2012 was down slightly 40% Mar-99 Mar-00 (1%) year-on-year, at KRW4,525,876 (A$3,875 Mar-01 20% Mar-02 2012, the average cost on small farms was 2% lower Mar-03 Mar-04 than the average for all farms for the first time since 0% Mar-05 Mar-06 2007, but it was still 6% (or KRW250,634, A$215 Mar-07 Source: Statistics Korea Mar-08 higher than the five-year average. 1986 1987 Mar-09 1988 Mar-10 M r 1 Figure 3 Korea farm1 9numbers89 by sizeless than 20 cattle 20 - 50 cattle a - 1 In contrast, the operation cost on larger farms (which Mar-12 1990 50 - 100 cattle more than 100 cattle include all farms more than 20 head) has steadily 1,200 1991 Mar-13 1992 Mar-14 1 increased since 2010. 1,000 '000 number of farms 1993 ) up 2% year- 1994 1995 The highest cost in 2012 was registered for farms with 800 1996 1997 more than 100 cattle, at KRW4,756,755 (A$4,070 1998 600 1999 up 4% and 13% compared to 2011 and the five-year average, respectively. It was also 3% above the average for all 2000 400 2001 farms. The difference in operation cost between small farms (less than 20 cattle) and large properties (more than 100 2002 200 2003 cattle) widened to KRW230,879 (A$198 2004 1 2005 A$=KRW1,168.31 (2012 annual average, Infoscan.co) 1 0 2006 less than 20 cattle 20 - 50 cattle 2007 ). In 1986-2013:20 ending08 number Source: Statistics Korea 50 - 100 cattle more than 100 cattle*2014: as at the end of June 1986 2009 1987 2010 Figure 4 Korea farm198 8operation cost per Hanwoo cattle 2011 (600kg lwt) 1989 2012 1990 2013 1 1991 2014* ) 5,000 1992 4,800 1993 KRW'000/head 1994 4,600 1995 1996 4,400 1997 4,200 1998 less than 20 heads more than 100 cattle all-farm19 9average9 4,000 2000 2001 3,800 2002 2003 1 1 3,600 ) in 2012, compared to KRW100,382 (A$86 2004 ) - 3,400 2005 2006 2007 1986-2013:200 ending8 number Source: Statistics Korea *2014: as at the end of June 2006 2009 MLA Market Information 2010 2011 2012 2013 2007 2014* 2 2008 2009 2010 1 ) five years earlier, in 2007. 2011 2012 Research Paper: Korean domestic cattle and beef updates and outlook Cattle production cost Korea’s per cattle (600 lwt of Hanwoo) production cost averaged KRW5,764,087 (A$4,935 (1%) on 2011. While the cost rise has been seen since 2010 across all farm sizes, the cost for bigger properties (farms with 50 to 99 head and more than 100 cattle) has been lower than the all-farm average. Farms with over 100 cattle seemed to be the most cost efficient in terms of total production cost, at KRW5,537,237 (A$4,740 increased 1% on 2011, it was still 4% below the all- farm average costs. In contrast, production costs on smaller farms have been higher than the all-farm average, with farms having less than 20 cattle having the highest production cost. The cost per head on small farms during 2012 was at KRW6,108,211 (A$5,230 1% on 2011 and 6% higher than the all-farm average. Cattle herd by farm size 2 ). Although it As the number of small farms declines, the cattle herd raised on such properties has also been falling. As of the end of June 2014, less than one-fifth (17% or 498,236 head) of the total cattle herd (excluding dairy cattle) were grown on small properties – a 38% (or 303,759 head) contraction compared to just five years ago (in 2009) and a substantial (70% or 1.2 million head) decrease on June 1983. In contrast, the number of cattle on larger farms (including all sizes of farms with more than 20 cattle) has been Figure 5 Korea cattle production cost per Hanwoo rising significantly. cattle (600kg lwt) September 2014 In the June quarter 2014, the number of cattle on properties with 20 to 50 head accounted for 22% of the total, at 6,400 6,200 638,094 head. The proportion of cattle on farms of this size has been between 20% and 26% since it first reached 6,000 KRW'000/head 2 5,800 20% at the end of 1995. 2 ) – up 5,600 5,400 ) in 2012 – up slightly less than 20 heads more than 100 cattle all-farm average The cattle number on farms with 50 to 100 head was less than 10% of total cattle (excluding dairy cattle) until the 5,200 5,000 end of 1997. However, the number of cattle on these farms gradually increased, with a total 641,290 head (or 4,800 22%) registered as at June 2014. 4,600 4,400 4,200 While larger farms owning more than 100 cattle held 4,000 only 1% (or 22,890 head) of total cattle (excluding dairy Source: Statistics Korea cattle) in the June quarter 1983, more than one-third 2006 (or 1.1 million head) were registered on such farms in the corresponding quarter 2014. Lower cattle 2007 production costs on larger farms are considered to be a factor assisting the growth, which has also driven the increase in Korea’s cattle herd in recent years. 2008 2009 2010 2011 2 Figure 6 Korea cattle number* by farm size 2012 A$=KRW1,168.31 (2012 annual average, Infoscan.co) 3,500 3,000 '000 head 2,500 2,000 less than 20 cattle 20 - 50 cattle 50 - 100 cattle more than 100 cattle 1,500 1,000 500 0 Source: Statistics Korea *Cattle number1 9= 8combined3 number of Hanwoo and beef cattle 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 MLA Market Information 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 3 2005 2006 1986-2013:200 ending7 number **2014: as at 2the0 0end8 of June 2009 2010 2011 2012 2013 2014** Research Paper: Korean domestic cattle and beef updates and outlook National cattle herd Korea’s national cattle herd and slaughter have had three major cycles since the focus of the herd was transposed from farm work animals to beef production in the 1970s. These cycles have been of around 11-16 years duration (herd peak to peak) with a shorter sharper liquidation phase (3-5 years) and a longer steadier build up phase (6-10 years). However, the shift of the herd towards larger operations and alteration in government program responses to periods of over-supply has probably served to dampen the magnitude of these cycles. During this latest liquidation phase, the Korean Government has been targeting a herd size of 2.5- 2.6 million head (excluding dairy cattle). The ten-year average proportion of combined Hanwoo and beef cattle out of the total cattle herd (including dairy cattle) was 84%. Given the dairy cattle herd has remained relatively steady at around 450,000 head, the Government’s target for the total cattle herd (including dairy cattle) is highly likely to be between 3.0 million and 3.1 million head. Cattle herd and slaughter in 2013 The Korean national cattle herd including dairy cattle peaked in 2012, at 3.5 million head (ending stock, USDA). The total cattle herd in 2013 declined 4% from 2012, to 3.3 million head (ending stock), underpinned by higher slaughter levels than 2012, at 1.07 million head (up 10% year-on-year).
Load more

Recommended publications
  • Genetic Analysis of Major Carcass Traits of Korean Hanwoo Males Raised for Thirty Months
    animals Article Genetic Analysis of Major Carcass Traits of Korean Hanwoo Males Raised for Thirty Months Mahboob Alam 1, Soo Hyun Lee 1 , Do Hyun Lee 1, Chungil Cho 2 and Mi Na Park 1,* 1 Animal Breeding and Genetics Division, National Institute of Animal Science, Cheonan-si 31000, Korea; [email protected] (M.A.); [email protected] (S.H.L.); [email protected] (D.H.L.) 2 Hanwoo Genetic Improvement Center, NongHyup Agribusiness Group Inc., Seosan-si 31948, Korea; [email protected] * Correspondence: [email protected]; Tel.: +82-580-3355 Simple Summary: Generally, Korean Hanwoo males produced under a 24-month production cycle (PROD24) are evaluated as a part of the progeny test program. However, there is little information on other males outside the PROD24, such as those raised under a 30-month production cycle (PROD30) for higher profits. Therefore, we investigated PROD30 males for important carcass traits (carcass weight, eye muscle area, backfat thickness, and marbling score) using a reasonably large dataset to understand their genetic merit. To do so, we estimated the genetic parameters of traits using animal model. Our analysis revealed moderate to high heritability values for the studied traits. The marbling score was found to be highly heritable at 0.56. The genetic correlation between traits was mostly moderate to low, and the backfat thickness was poorly correlated with the marbling score. These results are consistent with many previous reports on PROD24. Our study suggests that PROD30 and PROD24 males might have somewhat similar genetic potential, as well as similar genetic backgrounds. Thus, it could be concluded that there is further scope for PROD30 males to improve Hanwoo males’ overall prediction accuracy, especially under a genomic selection program, together with PROD24 males.
    [Show full text]
  • 2015 49Th Congress, Sapporo, Hokkaido, Japan
    Applied ethology 2015: Ethology for sustainable society ISAE2015 Proceedings of the 49th Congress of the International Society for Applied Ethology 14-17 September 2015, Sapporo Hokkaido, Japan Ethology for sustainable society edited by: Takeshi Yasue Shuichi Ito Shigeru Ninomiya Katsuji Uetake Shigeru Morita Wageningen Academic Publishers Buy a print copy of this book at: www.WageningenAcademic.com/ISAE2015 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned. Nothing from this publication may be translated, reproduced, stored in a computerised system or published in any form or in any manner, including electronic, mechanical, reprographic or photographic, without prior written permission from the publisher: Wageningen Academic Publishers P.O. Box 220 EAN: 9789086862719 6700 AE Wageningen e-EAN: 9789086868179 The Netherlands ISBN: 978-90-8686-271-9 www.WageningenAcademic.com e-ISBN: 978-90-8686-817-9 [email protected] DOI: 10.3920/978-90-8686-817-9 The individual contributions in this publication and any liabilities arising from them remain First published, 2015 the responsibility of the authors. The publisher is not responsible for possible © Wageningen Academic Publishers damages, which could be a result of content The Netherlands, 2015 derived from this publication. ‘Sustainability for animals, human life and the Earth’ On behalf of the Organizing Committee of the 49th Congress of ISAE 2015, I would like to say fully welcome for all of you attendances to come to this Congress at Hokkaido, Japan! Now a day, our animals, that is, domestic, laboratory, zoo, companion, pest and captive animals or managed wild animals, and our life are facing to lots of problems.
    [Show full text]
  • Beef Quality Grades As Determined by Korean and Australian Consumers
    CSIRO PUBLISHING Australian Journal of Experimental Agriculture, 2008, 48, 1380–1386 www.publish.csiro.au/journals/ajea Beef quality grades as determined by Korean and Australian consumers J. M. Thompson A,F, R. Polkinghorne B, I. H. Hwang C, A. M. Gee D, S. H. Cho E, B. Y. Park E and J. M. Lee E ACooperative Research Centre for Beef Genetic Technologies, School of Environmental and Rural Sciences, University of New England, NSW 2351, Australia. BMarrinya Agricultural Enterprises, 70 Vigilantis Road, Wuk Wuk, Vic. 3875, Australia. CDepartment of Animal Resources and Biotechnology, Chonbuk National University, Jonju 561-756, Korea. DCosign, 20 Eleventh Avenue, Sawtell, NSW 2452, Australia. ENational Livestock Research Institute, Rural Development Administration, Suwon 441-350, Korea. FCorresponding author. Email: [email protected] Abstract. Consumer responses were examined in an incomplete factorial design where Australian consumers evaluated 216 beef samples derived from 18 cattle killed in Australia and Korean consumers evaluated 216 samples from the same 18 cattle, plus 216 similar samples from 18 Korean cattle. Samples of the Mm. triceps brachii, longissimus dorsi and semimembranosus were cooked using grill and Korean barbeque methods. Each sample was sensory tested by 10 consumers, who scored it for tenderness, juiciness, like flavour, and overall liking. Consumers then graded each sample as either unsatisfactory (2 star), good every day (3 star), better than every day (4 star), or premium (5 star) quality. For those samples assessed by both Australian and Korean consumers, the Korean consumers graded a higher proportion of samples ‘unsatisfactory’ and a lower proportion of samples ‘premium’ grade product than Australian consumers.
    [Show full text]
  • Relationship Between Carcass Weight and Meat Quality and Antioxidative Dipeptides of Hanwoo (Korean Native Cattle) Beef
    RELATIONSHIP BETWEEN CARCASS WEIGHT AND MEAT QUALITY AND ANTIOXIDATIVE DIPEPTIDES OF HANWOO (KOREAN NATIVE CATTLE) BEEF Dinesh D. Jayasena1, Ki Chang Nam2, Kyung Haeng Lee3, Sun Hyo Kim1, Hae In Yong1 and Cheorun Jo1 1Department of Animal Science and Biotechnology, Chungnam National University, Daejeon, South Korea 2Department of Animal Science and Technology, Sunchon National University, Suncheon, South Korea 3Department of Food and Nutrition, Korea National University of Transportation, Jeungpyeong, South Korea Abstract – Effects of carcass weight of Hanwoo (Korean native cattle) beef on meat quality, antioxidative dipeptides, and sensory attributes were investigated. The carcasses of 250 Hanwoo steers were categorized into light (<375 kg), medium (375–425 kg), and heavy (>425 kg) groups and were evaluated for back fat thickness, rib eye area, and beef marbling score 24 h postmortem by using the Korean carcass grading system. The proximate composition, physicochemical meat quality parameters, and micronutrient components of the longissimus dorsi muscles were analyzed. Rib eye area, back fat thickness, and marbling score significantly increased with increasing carcass weight. Inosine-5′-monophosphate content was significantly higher in medium and heavy carcasses. Carnosine content was significantly higher in medium carcasses. Total saturated fatty acid content and n-6/n-3 ratio decreased as carcass weight increased. Medium and heavy carcasses had significantly higher scores for sensory quality parameters. Overall, medium carcasses of Hanwoo displayed optimal sensory and economic quality and health benefits. Key Words – Beef Quality, Carnosine, Marbling INTRODUCTION The commercialized production of Hanwoo (Korean native cattle) as meat cattle began in the 1960s, accompanying rapid economic growth in the country [1].
    [Show full text]
  • DU MA East Asian Studies
    DU MA East Asian Studies Topic:‐ EAS MA S2 1) Which sea is named in South Korean national anthem? [Question ID = 3190] 1. East Sea [Option ID = 12754] 2. West Sea [Option ID = 12755] 3. South Sea [Option ID = 12756] 4. North Sea [Option ID = 12757] Correct Answer :‐ East Sea [Option ID = 12754] 2) Which of the following mountain is located on the Korean Peninsula? [Question ID = 3191] 1. Hamasan [Option ID = 12758] 2. Bantusan [Option ID = 12759] 3. Jorasan [Option ID = 12760] 4. Geumgangsan [Option ID = 12761] Correct Answer :‐ Geumgangsan [Option ID = 12761] 3) Gwangju uprising in 1980 happened under which of the following South Korean leaders? [Question ID = 3192] 1. Syngman Rhee [Option ID = 12762] 2. Kim Young‐sam [Option ID = 12763] 3. Park Chung‐hee [Option ID = 12764] 4. Chun Doo‐hwan [Option ID = 12765] Correct Answer :‐ Chun Doo‐hwan [Option ID = 12765] 4) Which of the following is not a North Korean ballistic missile? [Question ID = 3193] 1. Nodong [Option ID = 12766] 2. Taepodong [Option ID = 12767] 3. Musudan [Option ID = 12768] 4. Busandong [Option ID = 12769] Correct Answer :‐ Busandong [Option ID = 12769] 5) Which South Korean President was awarded Nobel Peace Prize? [Question ID = 3194] 1. Park Chung‐hee [Option ID = 12770] 2. Kim Dae‐jung [Option ID = 12771] 3. Kim Young‐sam [Option ID = 12772] 4. Syngman Rhee [Option ID = 12773] Correct Answer :‐ Kim Dae‐jung [Option ID = 12771] 6) In which year was Korean peninsula divided along the 38th parallel? [Question ID = 3195] 1. 1942 [Option ID = 12774] 2. 1945 [Option ID = 12775] 3.
    [Show full text]
  • Genetic Parameters of Birth Weight and Weaning Weight and Their Relationship with Gestation Length and Age at First Calving in Hanwoo (Bos Taurus Coreanae)
    animals Article Genetic Parameters of Birth Weight and Weaning Weight and Their Relationship with Gestation Length and Age at First Calving in Hanwoo (Bos taurus coreanae) Bryan Irvine Lopez 1 , Kier Gumangan Santiago 2,3, Kangseok Seo 2, Taejoon Jeong 1, Jong-Eun Park 1 , Han-Ha Chai 1, Woncheoul Park 1 and Dajeong Lim 1,* 1 Division of Animal Genomics and Bioinformatics, National Institute of Animal Science, Rural Development Administration, Wanju 55365, Korea; [email protected] (B.I.L.); [email protected] (T.J.); [email protected] (J.-E.P.); [email protected] (H.-H.C.); [email protected] (W.P.) 2 Department of Animal Science and Technology, Sunchon National University, Suncheon 57922, Korea; [email protected] (K.G.S.); [email protected] (K.S.) 3 Department of Animal Science, College of Agriculture, Central Luzon State University, Science City of Mu´noz3120, Philippines * Correspondence: [email protected] Received: 20 April 2020; Accepted: 17 June 2020; Published: 23 June 2020 Simple Summary: Hanwoo cattle is considered one of the most economically important species and sources of nutrition for Koreans. Thus, both the reproductive performance and growth traits play an important role in the continuous development and productivity of Hanwoo farming. Therefore, to improve beef production and the profitability of Hanwoo farming, estimations of genetic parameters for birth weight (BW) and weaning weight (WW) and their relationship with age at first calving (AFC) and gestation length (GL) are necessary to understand and improve their responses to selection. Thus, this study estimated the variance components, heritability estimates of birth weight (BW) and weaning weight (WW) and their genetic and phenotypic relationship to age at first calving (AFC), and gestation length (GL).
    [Show full text]
  • Review on the Genetic Improvement and Application of Genomic Selection in Korean Hanwoo Cattle
    Journal of Animal Breeding and Genomics JABG. 2020 June, 4(2):19-31 pISSN:1226-5543 eISSN:2586-4297 https://doi.org/10.12972/jabng.20200003 REVIEW ARTICLE OPEN ACCESS Review on the genetic improvement and application of genomic selection in Korean Hanwoo cattle 1 1 2 1* 1* Chiemela Peter Nwogwugwu , Yeongkuk Kim , Ejike Henry Ugbo , Jun Heon Lee , Seung-Hwan Lee 1 Division of Animal and Dairy Science, Chungnam National University, Daejeon 34134, Korea. 2 Department of Animal Science, Ebonyi State University, Abakaliki, Nigeria. Abstract Hanwoo cattle (HC) being an indigenous breed are greatly adapted to Korean hot-humid climate. They can survive and thrive in harsh environmental conditions. This makes the HC a valuable genetic resource, given the challenges of climate adjustment and varying demands of the livestock sector. Respects to these genetic attributes of HC, breeding initiatives were designed for genetic improvements, such as the Hanwoo-Gaeryang-Danji (HGD) and Hanwoo-Gaeryang-Nongga (HGN), respectively. These initiatives have resulted in tremendous success in the meat industry. The genetic improvement of HC is somehow fulfilling the breeding objectives of increasing the growth performance traits, enhancing meat quality, improving fertility and maintaining adaptability. The breeding and production systems have also contributed towards achieving the breeding goal. The HC production system comprised of 3-tier, the seed stock, multiplier and feedlot sector. The production system provides a link that enable genetic material from the nucleus herd down to various sectors. The results from various studies on the evaluation of genetic improvement and parameters in Korean HC have revealed the degree of genetic progress.
    [Show full text]
  • Korea's Demand for U.S. Beef
    Web Version: Korea’s Demand for January 2013 U.S. Beef Author: John Giamalva1 Abstract This paper uses a price-adjusted index of demand to estimate the change in Korean consumers’ demand for U.S. beef from 2003 through 2011. The paper provides an overview of Korea’s consumption, production, and imports of beef over this period, which included Korea’s ban on imports of U.S. beef following discovery of bovine spongiform encephalopathy (BSE) in the U.S. cattle herd in December 2003, the signing of the U.S.-Korea Beef Protocol in April 2008, and the subsequent recovery of U.S. beef imports. The paper also includes back- ground information on BSE and Korean consumers’ perceptions of the safety of U.S. beef. Korean demand for U.S. beef is estimated to have increased substan- tially since 2009 (the first full year after signing of the Beef Protocol), but in 2011 remained well below the level observed in 2003. Suggested citation: Giamalva, John. “Korea’s Demand for U.S. Beef.” Journal of International Commerce and Economics. Published electronically January 2013. http://www.usitc.gov/ journals. 1 This article represents solely the views of the author and not the views of the United States International Trade Commission or any of its individual Commissioners. This paper should be cited as the work of the author only, and not as an official Commission document. Please direct all correspondence to John Giamalva, Office of Industries, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436, or by email to John.
    [Show full text]
  • Effects of Flaxseed Diets on Fattening Response of Hanwoo Cattle : 1
    1241 Effects of Flaxseed Diets on Fattening Response of Hanwoo Cattle : 1. Performance and Carcass Characteristics C. M. Kim, J. H. Kim, T. Y. Chung and K. K. Park* Animal Resources Research Center, College of Animal Husbandry, Konkuk University, 1 Hwayang-dong Gwangjin-gu, Seoul, 143-701, Korea ABSTRACT : Two separate trials were conducted to determine effects of dietary level of whole flaxseed (WFS; 0, 10 and 15%) on feed intake, weight gain, and carcass yield and quality of Korean Hanwoo cattle. The daily gains of bulls (Trial 1) were not different among treatment groups, but those of cows (Trial 2) fed WFS 15% were higher (p<0.01) than others. Feed intake of both bulls and cows tended to decrease as dietary level of WFS increased. However, feed conversion ratio (feed/gain) of bulls tended to be improved by dietary inclusion of WFS and was significantly improved (p<0.01) in cows by increasing level of WFS. Neither carcass weight nor dressing percentage were affected by WFS level. Back fat thickness of bulls was decreased (p<0.01) by dietary inclusion of WFS and the same trend was observed in cows without statistical significance. Loin-eye area of bulls was not different among treatment groups but was significantly higher (p<0.01) in cows fed WFS. Carcass yield and quality were not improved by WFS addition. The results indicate that WFS is an acceptable fat source in diets of finishing beef cattle to increase energy density without any adverse effects. (Asian-Aust. J. Anim. Sci. 2004. Vol 17, No.
    [Show full text]
  • How Do U.S and Australian Beef Imports Impact on the Hanwoo Beef Market in South Korea?
    How Do U.S and Australian Beef Imports Impact on the Hanwoo Beef Market in South Korea? By GwanSeon Kim Department of Agricultural Economics University of Kentucky ([email protected]) Phone: 662-617-5501 Tyler Mark Department of Agricultural Economic University of Kentucky ([email protected]) Phone: 859-257-7283 Selected Poster prepared for presentation at the Southern Agricultural Economics Association’s 2016 Annual Meeting, San Antonio, Texas, February, 6‐9 2016 Copyright 2016 by GwanSeon Kim and Tyler Mark. All rights reserved. Readers may make verbatim copies of this document for non‐commercial purposes by any means, provided that this copyright notice appears on all such copies. How Do U.S and Australian Beef Imports Impact on the Hanwoo Beef Market in South Korea? GwanSeon Kim and Tyler Mark Department of Agricultural Economics, University of Kentucky Introduction Summary Descriptions TVAR Model South Korea is one of the largest beef import countries in the world. Variable Description Obs Mean Std. Dev. Imported beef quantities in 2012 were 52.1% from Australia and 35.4% KORP Price of Korean native cattle (won/kg) 178 13291.83 1905.46 from U.S, and 11.0% from New Zealand respectively. CORNP Imported Corn price (won/kg) 178 184.98 82.26 A dairy cow in Washington State was discovered occurrence of BSE, and AUSP Imported Australian beef price (won/kg) 178 4163.63 1147.44 Korea banned beef import from U.S. on December 2003 (Giamalva, 2013 DKORP First differentiated KORP 177 17.75 1236.09 where y is price vector of Korean beef, corn, and Australian beef, 훿1, 훿2, 훿3 refer the intercepts in each regime, 휌푗,1, … , 휌푗,푚−1are the number of lags in and Park, et al., 2008).
    [Show full text]
  • Beef Supply Chains in Australia: Implications for Korean Beef Industry†
    Journal of Rural Developement 26 (Summer 2003): 83∼112 83 BEEF SUPPLY CHAINS IN AUSTRALIA: IMPLICATIONS FOR KOREAN BEEF INDUSTRY† 13RODNEY J. COX* ZHANG-YUE ZHOU** CHOI JUNG-SUP*** Key words: Abattoir, beef properties, feedlots, Hanwoo, quality assurance, supply chains ABSTRACT Australia has over time developed an entire of beef supply chains approach involving the production, processing and distribution sectors to provide consistent high quality beef to consumers both domestically and overseas. The Australian beef supply chains have proved to be effective, which in turn have contributed to the further development and success of the beef industry. The Australian experience in developing and † This paper is part of a project sponsored by the Australia-Korea Foundation. The authors wish to thank the Australia-Korea Foundation for financial support. * Asian Agribusiness Research Centre The University of Sydney-Orange, Orange, NSW 2800, Australia. Email: [email protected] ** Asian Agribusiness Research Centre The University of Sydney-Orange, Orange, NSW 2800, Australia. Email: [email protected] *** Ministry of Agriculture and Forestry, on-leave from Korea Rural Economic Institute, Seoul, 130-710, Korea Email: [email protected] 84 Journal of Rural Developement 26 (Summer 2003) managing its beef supply chains can be of great relevance to beef industries of other countries. This paper highlights the development and management of the Australian beef supply chains and draws implications for the future development of Korean beef industry. Ⅰ. Introduction Over a history of about 200 years, Australia's beef industry has developed from non-existence to one of the world's leading beef producers.
    [Show full text]
  • Deer Matchmaking with TROVAN Microchips Material Contributed By: Alex Cakl, Maria Vet, Czech Republic
    TROVANUPDATE December, 2010 December, At right: the Murray Cod is a threatened species in Australia’s waterways. Fish & chips: TROVAN technology implemented to catch poachers in Australia Material contributed by: Dr. Rick Walduck, Microchips Australia The northern fisheries’ region in Australia covers making business“, said Mike Hosking, operations manager 3000 kilometers of Victorian waterways, from the for the northern fisheries’ region. Eastern edge of the Alps to the South Australian border. Mr. Hosking initially placed officers at poaching sites for This region is home to two prized endangered species of ten days at a stretch in an effort to apprehend perpetrators. fish, the Murray cod and the golden perch. However as the Victorian waterways span about 3000 Historically common favorites of locals, who kilometers, this was extremely labor intensive, expensive according to Mike Hosking, operations manager of the and often fruitless. To control poaching in a meaningful Fisheries’ northern region, would „chuck a couple of fashion, a different strategy was required. nets in and get themselves a feed“, these fish populations The deployment of TROVAN microchip identification have declined dramatically. This is due to river technology has already proven successful. Tiny rice grain regulation, thermal pollution, the construction of dams sized TROVAN microchips are currently widely utilized by and removal of spawning and feeding sites, which Commercial fish farms for a variety of purposes, among inhibits breeding and in extreme cases threatens the others to monitor growth and genetics. Northern fisheries survival of the fish. Despite managed river re-stocking have adapted this technology, tagging illegally caught fish and commercial sales from aquaculture farms, Murray and returning them to the poaching site.
    [Show full text]