# North Asian poultry market faces challenges amid HPAI outbreaks, inventory concerns | S&P Global

> North Asian chicken leg prices were assessed at $1,885/mt at the end of November, down 0.8% on the month. Japanese importers are holding back on purchases because of high inventories and a weak yen, while South Korea's imports rebounded and H5 avian influenza was detected on farms there.

- Date: 2024-12-03 · published 2024-12-03T12:00:00.000Z
- Category: market · region North Asia · magnitude low
- Page: https://feedsoft.ai/events/27106-north-asian-poultry-market-faces-challenges-amid-hpai-outbreaks-inventory
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

High inventories and a weak yen are limiting import demand for chicken in Japan, which pressures chicken prices. Avian influenza detections in South Korea add some supply risk, but the inventory overhang dominates near term.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/120324-north-asian-poultry-market-faces-challenges-amid-hpai-outbreaks-inventory-concerns

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.