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Egg prices in Korea averaged 7,584 won per 30-pack, up 7.7% year on year and 10.5% above the five-year average. Chicken prices were up about 18% from a year earlier, and squid costs are 40% higher than four years ago.
The egg increase reflects avian influenza-driven declines in the laying hen flock.
Reduced laying hen numbers keep Korean egg and chicken prices high, which supports the poultry protein complex. The effect on global feed markets is small.
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.