Situation and Outlook as a Livestock Sector
2019
Choi, Younsang | Jeon, Sangkon | Sung, Donghyun | Shin,Seungyoull
This report provides long-run baseline projections for the livestock sector through 2011. For beef cattle industry, as the beef cattle numbers are forecast to show a steady growth until 2007, the farm price of beef cattle are forecast to drop sharply after 2007. For dairy and egg industry, a steady increase in demand is forecast to induce a stable growth of those industry until 2011. While both the pork production and imports are forecast to increase steadily until 2011, the hog price is forecast to show a moderate increase until 2004 and then to be on a decrease after 2004. For chicken industry, until 2011, it is forecast that the chicken production will on its current level and its price will show a downward trend
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