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Since November 2016, H5N6 avian influenza has spread across South Korea, killing about 26.7 million chickens, 2.5 million ducks and 2.5 million other birds. Egg output fell 30% and retail prices jumped over 50%, prompting tariff cuts on imports.
Korean layer losses and import liberalization create strong import demand for eggs, supporting poultry prices in Asia.
keia.orgJuho ChoiJan 12, 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.
