foreign agricultural service gain report global agriculture information network required public distribution date 2 24 2000 ks0016 korea oilseeds and products annual approved by willaim l brant us embassy seoul prepared sunchul choi michael henney highlights demand for to the hotel restaurant institution sectors swine poultry is increasing in tandem with country s economic expansion since crash of 1998 local crushers are now more financially solvent better able new requirements those food grade soybeans should remain flat while biotech issue remains unresolved many consumers mind united states expected major supplier soybean oil but south america will provide stiff competition as higher protein yielding american bean attractive korean concerned low level crop continues dominate edible markets meal uncompetitive includes psd changes yes trade matrix ks1 ks c o n t e section i