# [Global Dining Table's True Masters] ②Skill Is Korean, Money Is Foreign: The Inconvenient Truth of K-Food

> Korean food companies such as CJ CheilJedang, Nongshim, Orion and Lotte Wellfood source key raw materials including wheat, soybeans, corn, palm oil and cocoa largely from overseas, according to a 13 November filing review. The article says raw material costs, exchange rates and climate risks are squeezing their profitability.

- Date: 2026-11-13 · published 2026-11-15T07:37:33.299Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/100970-global-dining-table-s-true-masters-2skill-is-korean-money-is-foreign-the
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Heavy reliance on imported grains, oilseeds and palm oil means Korean food makers' input costs track global grain prices and the won exchange rate, so sustained global price moves feed directly into their margins.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-03-14 | [Assessing tight global wheat stocks and their role in price volatility \| IFPRI](https://feedsoft.ai/events/36895-assessing-tight-global-wheat-stocks-and-their-role-in-price-volatility-ifpri.md) | -2.1% | -6.4% |
| WHEAT | 2024-10-30 | [Argentina's Milei Taps Unseasonal Source in Search of Dollars: Shock Therapy \| Financial Post](https://feedsoft.ai/events/28129-argentina-s-milei-taps-unseasonal-source-in-search-of-dollars-shock-therapy.md) | +0.1% | -1.8% |
| WHEAT | 2016-08-14 | [Global prices, bumper crop, monsoon bring relief: Farm clouds begin to clear](https://feedsoft.ai/events/9954-global-prices-bumper-crop-monsoon-bring-relief-farm-clouds-begin-to-clear.md) | -0.3% | -2.5% |
| WHEAT | 2019-06-27 | [Markets analysis: cropping margins for 2020 - Farmers Weekly](https://feedsoft.ai/events/58670-markets-analysis-cropping-margins-for-2020-farmers-weekly.md) | -8.5% | -12.5% |
| WHEAT | 2018-05-14 | [Inflation forces building](https://feedsoft.ai/events/10235-inflation-forces-building.md) | +0.7% | +3.6% |
| CORN | 2022-05-12 | [Korea President Yoon to hold emergency meeting over won - KED Global](https://feedsoft.ai/events/41634-korea-president-yoon-to-hold-emergency-meeting-over-won-ked-global.md) | -0.3% | -0.9% |
| CORN | 2020-04-03 | [Grim reality of severe global economic recession slams meat industry
						 \| The Pig Site](https://feedsoft.ai/events/6602-grim-reality-of-severe-global-economic-recession-slams-meat-industry-the-pig.md) | -0.6% | -8.4% |
| CORN | 2022-05-25 | [What's in Store for the 2022 Feeder Cattle Market?](https://feedsoft.ai/events/5071-what-s-in-store-for-the-2022-feeder-cattle-market.md) | -2.8% | -3.7% |

## Sources

- ebn.co.kr: https://www.ebn.co.kr/news/articleView.html?idxno=1731536

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.