GAIN Reports from Tuesday, March 23, 2021

The following Global Agricultural Information Network (GAIN) reports were released on Tuesday, March 23, 2021.   Burma: Rice Trade - Monthly In March 2021, Burma's rice exports are forecast to be weak and largely unrecorded due to widespread instability following the February 1, 2021 military coup. Burma's rice exports in January increased due to demand surges from China before the Chinese New Year Holidays, Côte d'Ivoire, and the Philippines. In February, domestic prices for Emata 25 percent broken rice increased due to severely limited transportation and banking services during labor strikes across the country, disruptions in government services, and isolated examples of panic buying while superior quality Shwe Bo Pawsan rice prices remain unchanged.   South Korea: Livestock and Products Semi-annual While Korea's overall demand for beef and pork remains strong, imports of these products have declined as a result of the global pandemic. COVID-related restrictions have limited Korea's Hotel, Restaurant, and Institutional sectors where imported meat is heavily consumed. Conversely, Korea's market shift to in-home dining has bolstered retail sales of domestically produced meat. Korean cattle producers look to capitalize on high prices and rising demand for domestic beef and will increase slaughter numbers in 2021. In the swine sector, Korea's small-scale operations continue to struggle with balancing production costs and suppressed pork prices. With improved market conditions expected for the second half of 2021, Korea's pork consumption is forecast to rebound modestly by the end of the year.   For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.     Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by USDA Foreign Agricultural Service. This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: USDA Foreign Agricultural Service · 1400 Independence Avenue, SW · Washington, DC 20250