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South Korea's avian flu outbreak is on track for record damage, with more than 19.9 million birds at 378 farms destroyed or set for culling as of December 19. That is over 12% of the country's 165 million poultry.
A Korean research institute estimates losses of about 492 billion won so far.
The scale of culling removes a large share of Korean poultry supply, which tightens egg and poultry markets and can raise demand for imported feed and protein.
Not 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.