South Korea to Supply 4.48 Million Imported Eggs Weekly Through July
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- South Korea will import approximately 4.48 million eggs weekly until the end of July to stabilize consumer prices and address a domestic supply shortage caused by avian influenza outbreaks.
- A total of 21.12 million eggs from the US and Thailand will be distributed.
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Warum es wichtig ist
South Korea is importing eggs to combat rising consumer prices and a domestic supply shortage exacerbated by avian influenza outbreaks and efforts to improve farm density.
SEOUL, June 19 (Yonhap) -- South Korea will supply around 4.48 million imported eggs to the local market each week through July as part of efforts to address a decline in the domestic supply following avian influenza outbreaks, the agricultural ministry said Friday.
The Ministry of Agriculture, Food and Rural Affairs said a total of 21.12 million eggs imported from the United States and Thailand will be supplied under the scheme, aiming to ease rising consumer prices.
"Local egg prices have been rising due to highly pathogenic avian influenza outbreaks during the previous winter season, along with efforts to improve stocking density at poultry farms," the ministry said.
The retail price of a carton of 30 eggs stood at 7,506 won (US$4.83) as of mid-June, up 7.1 percent from a year earlier.
The daily average domestic egg supply came to 47.05 million this month, down 3.3 percent from a year earlier, the ministry added.
The ministry said South Korea's egg production is expected to recover to last year's level in July as young hens begin laying eggs.
"The number of egg-laying hens has been gradually increasing, with production also recovering," a ministry official said, noting the government will continue to monitor supplies and take action when necessary.
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Domestic egg production to recover to last year's level in July.
Wahrscheinlich · Innerhalb von Monaten
Offene Fragen
- Will imported eggs fully meet demand?
- What is the long-term impact on domestic producers?
