This country of 50 million is a small, but high-value market for the U.S. rice industry. The U.S. exports have averaged more than 104,000 MT of rice to Korea annually over the past 6 years -- representing about 25 percent of the roughly 410,000 MT imported by volume, or 26 percent of imports by value. However, a shift may be coming. While Korea continues to purchase U.S. rice, officials are attempting to manage rice supplies that exceed domestic demand.
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