According to South Korea's "Chosun Ilbo" reported on February 16, South Korea's grain imports last year reached US $8946.64 million, a record high. Since November last year, the monthly grain imports have exceeded US $800 million for three consecutive months, reaching US $895.67 million in December last year, also a record high for a single month. According to the analysis of the South Korean customs office, the rise in the unit price of imported grains is the main reason for the increase in grain imports. Last month, the import weight of grain was 2.183 million tons, with an import volume of 839 million US dollars. In January 2021, the import weight of grain was 2.4234 million tons, but the import volume was only 675 million US dollars. The supply of novel coronavirus pneumonia has increased the supply of raw materials and food, and the possibility of armed conflict between Russia and Ukraine, the world's largest food exporter, has also affected food prices. The food and Agriculture Organization of the United Nations pointed out that last month, the world food price index hit 135.7 points, the highest since 2011. The grains imported by South Korea mainly include wheat, corn and soybeans, of which the self-sufficiency rate of wheat is only 0.8%, which is the lowest level in the world. South Korea mainly imports edible wheat from the United States, Australia and Canada, and feed wheat mainly depends on Ukraine. From October last year to January this year, the growth rate of consumer prices in South Korea reached about 3% for four consecutive months. The rise of international grain prices will also be reflected in domestic prices. It is expected that the trend of high prices in South Korea will continue for some time. [source: Ministry of Commerce]