
Foot-and-mouth disease was confirmed at another cattle farm in Yecheon, North Gyeongsang, bringing 2026 cases to 16, and highly pathogenic avian influenza (H5N9) was confirmed at a 48,000-hen layer farm in Ganghwa, Incheon. A suspected H5 avian influenza case was also detected at a large quail farm in Paju, Gyeonggi.
Authorities imposed movement restrictions, nationwide disinfection, and a 24-hour halt on layer-related movements in Incheon, Seoul and Gyeonggi.
Culling of layers and movement bans in Korea cut domestic egg and meat supply, supporting egg prices and increasing reliance on imported feed-related protein. The effect on global feed markets is modest given Korea's scale.
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.