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South Korea's government will release 4 to 5 million fresh eggs at prices more than 30% below retail during the first two weeks of June. The move follows stabilization of the fresh-egg market after the avian influenza outbreak that hit layer flocks late last year.
Government egg releases add temporary supply and cap retail prices, easing pressure on the egg market while layer flocks rebuild toward their prior size. For feed buyers, the impact on feed demand is modest.
thepoultrysite.comGlobal Ag MediaMay 26, 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.
