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South Korea reported a record 14.45 million chickens and ducks culled in its latest bird flu outbreak, with most of the country affected. Egg prices are rising as supplies fall 60-70% at major retailers, while wholesale chicken prices fell 21% from December 1 as demand weakened.
The cull has tightened egg supply while lowering wholesale chicken prices through weaker demand, so the impact on poultry markets is mixed.
chosun.comDec 15, 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.
