
Premium 10-pack egg prices in Korea averaged 5,222 won in June, the first monthly average above 5,000 won since records began and up 38.6% year on year. Broiler chicken prices also climbed, and an early heat wave and monsoon season are adding to food inflation concerns.
The government has set up a supply stabilization task force.
Avian flu losses combined with heat-related farm disruption are tightening Korean egg and chicken supply, which supports higher poultry prices. The impact is domestic and has little direct effect on grain or meal prices.
Not enough comparable past events yet for a historical read.
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