
South Korea confirmed H5N1 outbreaks at three poultry farms within four days, including a layer farm with 260,000 birds. The agriculture ministry said egg supply has recovered and laying-hen numbers are at a record high; daily production rose 3.3% year-on-year in October and is forecast to rise 2.3% in November, while producers called for scrutiny of distribution margins as consumer prices remain elevated.
Record-high hen numbers and rising production should limit supply-driven price pressure, despite the outbreak risk. The dispute over distributor margins suggests elevated retail prices may not reflect farm-gate conditions.
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.