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South Korean chicken prices have surged to 2,200 won per kg from 888 won in December after avian influenza led to culling of more than 33 million poultry. Retailers raised prices 5-8% and a livestock movement ban is in place.
Egg prices have fallen as supply stabilized.
Tight domestic poultry supply and culling raise Korean chicken prices and may increase import demand for feed and poultry products, supporting feed demand in the region.
koreaherald.com임정요Feb 19, 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.
