South Korea's egg supply is recovering after a severe highly pathogenic avian influenza wave that began in November 2020 and led to culling of about 29 million chickens. No new HPAI infections have been reported on farms since April 2021.
The government is importing large volumes of eggs, with 100 million planned for each of August and September.
Rebuilding flocks and rising egg imports should gradually ease the domestic shortage and pressure on egg prices. The effect on feed grain and meal demand is limited.
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.