South Korea: Chicken prices are rising, supermarkets offer discounts on Korean beef and pork instead of chicken

(Seoul = Yonhap News) Reporter Hwang Hee-kyung = Following Korean beef and pork, the price of chicken meat is also rising recently. According to statistics from the Livestock Products Quality Assessment Service on the 3rd, the wholesale price per kg of chicken as of the previous day was 3,581 won, up 28.3% from 2,792 won on May 3, the first Monday in May last year. The wholesale price of chicken meat rose 34.4% from 2,642 won in April last year to 3,553 won in April this year. This year, it recorded 3,236 won in January and continued to rise every month, rising 9.8% until April. As a result, the sales price of hypermarkets is also rising. The price of native chicken (1,050g) sold at Mart A was 11,480 won, up 19.2% from 9,280 won last year. B Mart also sells native chicken for white boil at 11,980 won. The reasons for the rise in chicken meat prices are complex. The cost of feed increased due to the Russian invasion of Ukraine, and due to the extreme cold in March and April, it was ...