From the Chosun:

The prices of beef, pork and chicken are all falling in the aftermath of the Korea-U.S. free trade agreement. U.S. beef imports are still minimal but just the expectation of a full fledged import onslaught is weighing heavily on domestic meat prices. It’s good news for consumers but bad for Korean farmers.

The National Statistical Office says prices of pork and both domestic and imported beef fell together for the first time in eight years in the April-to-June quarter. Domestic beef prices slipped 2.0 percent and foreign beef 3.7 percent year-on-year, while pork dropped 6.9 percent.

The Chosun article tries to make the fall in prices for meat seem bad for Korea and even offers this evil looking American cow to back up their claims:

The fall of food prices is good for consumers and if Koreans feel they need to support the domestic meat market than they still have the option of buying Korean meat just like car buyers in the US have the option of buying a cheaper Korean car or a more expensive American one.  Rising quality of Korean cars and cheap prices is forcing American companies to improve the quality and prices of the vehicles they offer.  This is called capitalism and free trade, in the end the consumers win, not just the evil American beef producers.