
South Korea's consumer prices for agricultural products rose 19.2% year over year last month, driven by bad weather that cut crop output and by avian influenza that raised livestock product prices. The Ministry of Agriculture and Food is controlling contract shipments and promoting domestic egg discounts.
Avian influenza and weather-cut crop output tighten South Korean supply and keep prices high, supporting import demand for feed grains and meal.
After 56 past bullish disease events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.6%), and +0.8% over 20.
After 12 past bullish disease events, Soybeans moved a median -0.5% over 5 sessions (42% higher; middle half -1.6% to +0.1%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.