Rising chicken prices are raising concerns about increased chicken prices. KFC F&B, which operates Kyochon Chicken, has decided to raise the price of frying oil supplied to its franchisees. An industry insider explained, "Grain prices have also gone up and logistics costs have increased due to the Middle East war, causing a significant rise in the price of frying oil." (Seoul=Yonhap News) Reporter Han Ju-hong = Concerns about increased chicken prices are growing as chicken prices rise. According to the Korea Poultry Association, the factory price of 9-10 month old chickens, which are mainly used for chicken, is 5,308 won per kg, a 13.1% increase from a year ago. The price of cuts has also increased. Thighs are 8,713 won per kg and wings are 12,980 won per kg, each 13% higher than a year ago. Last month, the farm price of live chickens was 2,550 won per kg, a 30.6% increase from the same month last year. The Korea Rural Economic Institute explained that the price increase was due ...
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