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South Korea is experiencing a renewed avian influenza outbreak, with egg prices up 59% year over year and fresh chicken prices stable. Officials say layer hens could normalize to 90% by September if no further flu outbreaks occur, though the H5N8 strain so far mainly hit ducks and broiler farms.
Disease outbreaks in South Korea reduce local poultry supply and can curb import demand for feed grains and meal, though the effect on global prices is limited while the outbreak remains concentrated in small farms.
koreajoongangdaily.comYONHAPJun 9, 2017Not 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.
