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South Korea has ordered a record cull of poultry to contain bird flu, with most culled birds being egg-laying hens. Retail prices for 30 eggs in Seoul had risen 15% since the outbreak began, and officials expected further increases.
Losing a large share of the laying flock tightens Korean egg supply, which supports egg prices and could widen import demand for other egg suppliers.
reuters.comJane ChungDec 16, 2016Not 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.
