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South Korea has culled more than 26 million birds since October in response to H5N8 avian influenza, with 19% of egg-laying hens affected. Farmgate egg prices almost doubled year on year, and retail prices rose 43%.
Demand was also boosted by Lunar New Year.
Heavy layer losses and strong demand push up egg prices in South Korea. Lower layer numbers mean less feed demand over the medium term.
poultryworld.netNatalie KinsleyFeb 25, 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.
