# Bird flu outbreaks cause fall in local egg prices: trade corporation | Yonhap News Agency

> South Korean egg prices fell sharply from last year's levels despite mass culling of chickens after avian influenza outbreaks since November. The Korea Agro-Fisheries & Food Trade Corp data showed a 30-egg carton at 4,718 won, while egg-laying hens rose 40.9 percent year on year.

- Date: 2018-03-20 · published 2018-03-20T12:00:00.000Z
- Category: disease · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/65999-bird-flu-outbreaks-cause-fall-in-local-egg-prices-trade-corporation-yonhap-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A rebound in egg-laying flock size increases feed demand for corn and soymeal in South Korea, though the oversupply pushes prices down and may slow restocking.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-11 | [Egg prices soar as farmers battle inflation, avian flu](https://feedsoft.ai/events/38685-egg-prices-soar-as-farmers-battle-inflation-avian-flu.md) | +3.0% | -3.8% |
| CORN | 2022-04-11 | [Why egg prices are soaring - CBS News](https://feedsoft.ai/events/41853-why-egg-prices-are-soaring-cbs-news.md) | +2.0% | -2.3% |
| CORN | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | -2.6% | -4.6% |
| CORN | 2019-09-08 | [One year on, close to 5 million pigs lost to Asia’s swine fever outbreak](https://feedsoft.ai/events/56950-one-year-on-close-to-5-million-pigs-lost-to-asia-s-swine-fever-outbreak.md) | -0.9% | +3.4% |
| CORN | 2018-12-23 | [Avian Flu Diary: China MOA: Another ASF Outbreak In Guangdong Province](https://feedsoft.ai/events/61450-avian-flu-diary-china-moa-another-asf-outbreak-in-guangdong-province.md) | -0.4% | +0.8% |
| SBM | 2022-11-11 | [Egg prices soar as farmers battle inflation, avian flu](https://feedsoft.ai/events/38685-egg-prices-soar-as-farmers-battle-inflation-avian-flu.md) | +0.1% | +13.4% |
| SBM | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | +2.2% | +0.5% |
| SBM | 2018-11-05 | [USMEF says China's African Swine Fever outbreak now 54 cases - Brownfield Ag News](https://feedsoft.ai/events/61927-usmef-says-china-s-african-swine-fever-outbreak-now-54-cases-brownfield-ag-news.md) | -1.7% | +0.4% |

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20180320004400320

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