# Notice of Egg Sales Suspension Posted at Mart... AI Penetrates Nationwide "Alert to Price Surge Fear" (Comprehensive) - The Asia Business Daily

> Major Korean marts suspended sales of ultra-fresh eggs after a farm within 3 km of an avian influenza outbreak in Yeoju culled all its laying hens. Consumers are stockpiling eggs amid fears of price increases, while the outbreak has spread nationwide for the first time since the 2016 egg crisis.

- Date: 2020-12-11 · published 2020-12-11T12:00:00.000Z
- Category: disease · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/49657-notice-of-egg-sales-suspension-posted-at-mart-ai-penetrates-nationwide-alert-to
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Culling of layers and panic buying point to tighter egg supply and possible price increases in Korea. Stronger egg prices could support poultry demand, but the effect on feed demand is limited.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- asiae.co.kr: https://www.asiae.co.kr/en/article/2020121110591136606

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