Loading…

South Korea confirmed highly pathogenic avian flu on a Yeongam farm, where all 36,000 laying hens were culled, and on a Cheonan farm where 100,800 hens and 230,000 nearby birds were culled. Authorities are trying to downplay fears of renewed egg price increases.
Culling of laying hens tightens domestic egg supply in South Korea, which can lift egg prices and modestly support demand for poultry feed.
After 145 past neutral disease events, CORN moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
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.