
South Korea is contending with highly pathogenic avian influenza and African swine fever outbreaks this winter, with 63 AI outbreaks since October 2022 and the culling of about 5.3 million birds. No foot-and-mouth disease case has been reported since January 2019, which officials attribute to vaccination and preemptive quarantine.
Poultry culls cut domestic chicken supply, which supports chicken prices and raises demand for substitute proteins. Continued ASF risk for hogs keeps pressure on regional pork supply.
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.