In South Korea, price of duck production has jumped by 44% after avian influenza (AI), while chicken and eggs slightly increased

Published 2020년 12월 21일

Tridge summary

South Korea has experienced a significant increase in the prices of duck production, eggs, and broilers due to an avian influenza (AI) outbreak. The price of duck production has surged by 44.3% from 1,406 won per kg to 2,29 won per kg, and egg prices have risen by 3.9% from 1,154 won to 1,199 won. The inventory of broilers has also increased by 41.4% from the average of 14.67 million birds. Despite these increases, the Ministry of Agriculture and Food assures that the domestic supply is sufficient and that they will closely monitor the situation to prevent any anxiety.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Seoul = Yonhap News) Reporter Go Eun-ji = After the outbreak of avian influenza (AI), it was found that the price of duck production has jumped by 44%. According to the Ministry of Agriculture, Food and Rural Affairs, duck production prices rose 44.3% from 1,406 won per kg on the 26th of last month, the first AI outbreak, to 2,29 won on the 18th. Duck inventories were 93.7% higher than normal and 13.2% higher than last year, which is sufficient, but due to AI-based killing and temporary suspension of movement, the supply of ducks temporarily decreased and prices increased significantly. Eggs rose 3.9% from 1,154 won for 10 special eggs on the 26th of last month to 1,199 won on the 18th, and 5.0% for broilers during the same period from 1,288 won per kg to 1,352 won on the 18th. This year's egg production is 46.38 million, which is 7.3% and 5.8% higher than normal and last year, respectively. In addition, the inventory of broilers increased by 41.4% from the average of 14.67 ...
Source: Yna

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