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Korea, King of High Priced Beef

Mike

Well-known member
Korea Is King Of High-Priced Beef


The price of beef in South Korea is the highest among 29 countries, with South Korean consumers paying the U.S. equivalent of $59/kilo (55,800 won) for imported beef and 54,500 won ($58) for domestic product. One kilo is 2.2046 lbs.

An international survey conducted by Consumers Korea and consumer organizations in 28 other countries found Australian beef is nearly twice as expensive in South Korea as in Japan, says group chairman Kim Jae-ok.

Russia came in second, with imported beef being equivalent to 50,318 won/kilo, followed by the United Arab Emirates with 24,646 won, and Vietnam with 22,823 won. Japan's average beef import price was 21,023 won.

In January, the International Labor Organization (ILO) said that, as of October 2005, the average price of a kilogram of beef in South Korea was $56.44, six times more expensive than in the United States ($8.94) and five times more expensive than in Britain and Italy. The ILO survey of 13 countries also showed the price of Korean beef was roughly $15 more expensive than that of Japan.
-- Consumers Korea news release
 

Mike

Well-known member
Sandhusker said:
The cost of that $20 test taken care of pretty fast at those prices. What kind of a marketing program do we have, anyway? :mad: :mad: :mad:

We are currently using an old brand of marketing called the "AMI" method.

The USDA, the USTR, and the FAS recommends it highly. :cry:

Have we ever had another type?
 

TimH

Well-known member
Sandhusker said:
The cost of that $20 test taken care of pretty fast at those prices. What kind of a marketing program do we have, anyway? :mad: :mad: :mad:

You guys should be ashamed of yourselves........wanting to export your diseased beef to Korea and "ride the shirt-tails" of the Korean cattlemen....
:D :D :D :D
 
A

Anonymous

Guest
TimH said:
Sandhusker said:
The cost of that $20 test taken care of pretty fast at those prices. What kind of a marketing program do we have, anyway? :mad: :mad: :mad:

You guys should be ashamed of yourselves........wanting to export your diseased beef to Korea and "ride the shirt-tails" of the Korean cattlemen....
:D :D :D :D

Yep TimH-- and your shirttailing and sellout to the US multinational Packers has kept Canadians from testing too and getting that $27 per pound for their product ...

But we know all Canucks must be independently wealthy like all the NCBA folk (do you own a bank like MRJ too :???: )- who don't need that extra $175 per head that could be regained with testing and exporting to the Asian market, since you'd rather put your faith in your Packer buddies... :roll:
 

Sandhusker

Well-known member
TimH said:
Sandhusker said:
The cost of that $20 test taken care of pretty fast at those prices. What kind of a marketing program do we have, anyway? :mad: :mad: :mad:

You guys should be ashamed of yourselves........wanting to export your diseased beef to Korea and "ride the shirt-tails" of the Korean cattlemen....
:D :D :D :D

You must not have much faith in testing.
 
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