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Harim reported third-quarter operating profit of 5.36 billion won, down 71% from a year earlier, with operating margin falling from 4.5% to 1.3%. The company attributed the decline to reduced chicken supply from highly pathogenic avian influenza and lower broiler prices.
Avian influenza cutting poultry supply and weakening broiler prices reduces Korean chicken processor margins. This lowers near-term chicken-meal demand from processors, a modest bearish signal for feed ingredients in Korea.
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.