South Korea’s President was arrested and indicted after briefly imposing martial law in December. He also faces an impeachment trial that will determine if he’s removed from office. The U.S. Meat Export Federation says that while the political turmoil has further weakened Korea’s currency, consumers are largely unfazed by the situation, and it has not affected demand for U.S. red meat. South Korea is the leading value market for U.S. beef exports, with shipments through November of last year totaling over $2 billion, up five percent from the previous year.
