South Korea: The era of 80 million laying hens has begun

Published 2024년 10월 30일

Tridge summary

According to the 2024 Q3 Livestock Trend Survey by Statistics Korea, the number of laying hens in Korea has exceeded 80 million for the first time. Despite this increase, egg prices have remained stable, indicating a rise in consumption. However, there are concerns about reduced productivity due to extreme heat and respiratory diseases affecting egg production. The Korea Rural Economic Institute predicts an increase in egg production, but the stability of egg prices will depend on consumption levels. The industry is advised to consider the risk of highly pathogenic avian influenza in winter when planning the placement and shipment of laying hens.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Productivity decline problem serious… Price trend change ‘sensitive’ [Livestock Newspaper Reporter Kim Soo-hyung] The number of laying hens has exceeded 80 million for the first time. According to the 2024 Q3 Livestock Trend Survey announced by Statistics Korea, the number of laying hens has increased by 4.418 million (5.8%) year-on-year and 2.32 million (3.0%) quarter-on-quarter, reaching 80.545 million. This is the first time since the release of the Livestock Trend Survey that the number of laying hens announced by Statistics Korea has exceeded 80 million. It remained at 60 million in the 2010s, but exceeded 70 million for the first time in 2015, and exceeded 80 million this year, nine years later. Although the number of laying hens has increased significantly, the fact that egg prices are maintaining an appropriate level can be analyzed as an increase in consumption, but in the field, the inference that productivity decline is serious is gaining weight. This summer, ...

Source: Chuksannews