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South Korea reported a new suspected highly pathogenic bird flu case at a duck farm in Jeongeup, with 29 farm cases since late November and about 9.6 million birds culled so far. Domestic egg and poultry prices have stayed stable, with egg prices up 1.3% and duck meat up 10.3% year on year in the first three weeks of December.
Heavy culling tightens domestic poultry supply, but steady prices suggest limited near-term impact on feed demand. Continued spread could still raise Korean poultry feed purchases if flocks are rebuilt or imports increase.
koreajoongangdaily.comPARK EUN-JEEDec 28, 2020Not 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.
