Egg prices and supply and demand are ‘abnormal’ amid outbreak of highly pathogenic AI in South Korea

Published 2023년 12월 27일

Tridge summary

Highly pathogenic avian influenza has been reported at 22 poultry farms in South Korea, mainly affecting small farms. The government has imported 1.12 million eggs to mitigate potential supply and demand issues, but industry officials believe this will not impact domestic egg prices. Despite concerns about egg discount events by large distribution companies, industry officials do not believe these will have a significant negative impact on the industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Highly pathogenic avian influenza (AI) broke out for the first time this winter at a broiler duck farm in Goheung, Jeollabuk-do on the 4th, and as of the 21st, outbreaks are occurring at 22 poultry farms. Among these, there are 12 laying hen farms, which is the largest. The government imported 1.12 million eggs on the 27th to prepare for possible supply and demand problems. The laying hen industry believes that there will be no impact at all on domestic egg prices because the eggs imported by the government this time account for only about 2.5% of Korea's daily consumption of 45 million eggs. We looked at egg supply and demand and market trends amid the additional emergence of AI. # AI also has egg supply and demand issues The prevailing opinion is that there is no problem with the supply of eggs nationwide because the area where this highly pathogenic AI outbreak occurred is mostly in Honam, which has many small farms. According to the Korea Laying Hen Association, the ...
Source: Aflnews

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