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South Korea's state-funded Korea Rural Economic Institute forecasts egg prices could rise up to 68 percent in March-May 2021 as avian influenza cuts flock sizes. Daily egg output is projected to fall 17.1 percent on-year, with production expected to normalize in June and September if the bird disease subsides.
Lower layer numbers reduce egg supply and raise prices in South Korea, and tariff-free egg imports are being used to ease the shortage. The effect on feed demand is modest but supports poultry feed usage over the spring.
en.yna.co.kr정주원Mar 14, 2021Not 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.
