The ripple effect of AI outbreak in the US… ‘Shaking’ the domestic market

Published 2025년 1월 8일

Tridge summary

The United States' outbreak of highly pathogenic avian influenza is causing significant disruption to Korea's domestic parent stock market. The majority of parent stocks in Korea are imported from the US, but import bans in several US states have led to delays and uncertainties in these imports. This is particularly concerning for four Korean companies that rely heavily on US imports. The poultry industry is worried about the potential collapse of the market and is considering the possibility of importing poultry from other countries, such as the UK. Some have proposed easing regionalization standards to stabilize domestic chicken prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Highly pathogenic avian influenza (AI) from the United States is having a negative impact on the domestic parent stock (GPS) market. Most of the parent stocks being raised in Korea are imported from the United States, but import bans have been imposed in many areas of the United States due to the outbreak of highly pathogenic AI. Parent stocks refer to chickens that are produced from purebreds and have a clear lineage that is raised for the purpose of producing parent stocks (PS). Four domestic parent stock companies, including Samhwa Wonjong, Sajo Wonjong, Hankook Wonjong, and Harim, depend entirely on imports for their meat parent stocks. According to the Korea Rural Economic Institute, the domestic import volume of meat parent stocks in 2023 was 167,000, and the main importing country is the United States. The problem is that exports to Korea have been blocked in many places as highly pathogenic AI has spread in the United States. As of December 31 last year, highly ...
Source: Nongmin

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