
Broiler chicken retail prices in Korea hit a 15-year high ahead of boknal, the three hottest days of summer when samgyetang demand peaks. The June monthly average of 6,596 won per kg was the highest since April 2011, about 9.3% above the seasonal average.
Last winter's avian influenza culled about 440,000 breeding birds, roughly 5% of breeding stock.
Tight domestic broiler supply and seasonal demand keep Korean chicken prices firm, supporting demand for imported feed and poultry-linked feed ingredients. The impact on global feed prices is limited because the effect is mainly local.
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