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South Korean egg prices have stayed in the mid-7,000 won range in the third quarter, up 6.5% year on year after culling of over 11 million laying hens. The Korea Rural Economic Institute expects laying hen numbers and egg output to rise and prices to ease, and the government is importing fresh eggs ahead of Chuseok.
Rebuilding of the laying flock should gradually lower egg prices. Egg imports are being used to fill the gap before the holiday.
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.