Egg and chicken farm prices continue to decline in South Korea

Expected to recover if meal supply increases after school starts Egg and chicken farm prices are showing a downward trend every day. According to the data of the Livestock Products Quality Evaluation Institute, on the 20th, the production site price for a special plate (30 pieces) was 4091 won, down 13.5% from the average of 4731 won last month. As for chicken, the price per kg of live chicken distribution has been around 2,000 won since the beginning of this month, but has gradually declined to 1,894 won from the 13th and 1,592 won on the 20th. In the field, it is believed that the price is falling as the stock piled up all at once and is not consumed. However, with the opening of school in early March, a recovery is expected if meal supply increases. The Edible Egg Sorting and Packaging Industry Association pointed out, “The government’s artificial market intervention by giving the wrong signal to the market, maximizing the sense of crisis, is also being pointed out as the cause ...