Korea's Cattle Herd Shrinks in 201429 July 2014
SOUTH KOREA – Korea’s national cattle herd has contracted five per cent this year to 3.3 million, figures up to July show.
Calf registrations have also dropped to the lowest number since March 2008 at 741,850 head, according to Statistics Korea.
This has led to a calf price spike of 44 per cent year on year, the North Queensland Register has reported.
Hanwoo, which have slipped back six per cent, and beef cattle make up 87 per cent of the herd at 2.9 million head, of which 97 per cent is Hanwoo at 2.8 million head.
Korean slaughter figures remained static with 2013 at 506,669 head. However, male slaughter was up 10 per cent while female slaughter slipped eight per cent.
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