# Egg prices expected to soar 68 pct in March-May: think tank | Yonhap News Agency

> 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.

- Date: 2021-03-14 · published 2021-03-14T12:00:00.000Z
- Category: disease · region South Korea · magnitude medium
- Page: https://feedsoft.ai/events/48127-egg-prices-expected-to-soar-68-pct-in-march-may-think-tank-yonhap-news-agency
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

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.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20210314000500320

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