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South Korea's chicken exports from January to May fell 98.8 percent year on year to 139 tons, with export value down 97.6 percent. Vietnam and Hong Kong banned imports of Korean chicken after the latest bird flu reports, and 185,000 birds were culled.
The country had already suffered its worst bird flu outbreak last winter.
The near halt in Korean chicken exports removes a small export outlet and adds to regional poultry supply pressure. The effect on world feed prices is limited, though it signals continued avian flu disruption in Asia.
koreatimes.co.krJun 17, 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.
