South Korea's Q2 Livestock Numbers: Laying Hens, Broilers Up; Beef Cattle, Pigs Down
Quick Look
- South Korea reported an increase in laying hens (1.6% to 78.98M) and broiler chickens (1% to 110.8M) in Q2 year-on-year.
- Conversely, beef cattle (4.9% to 3.28M), dairy cattle (1.6% to 365K), and pigs (2.2% to 10.65M) saw declines, according to the Ministry of Data and Statistics.
AI-generated summary
Why It Matters
The Ministry of Data and Statistics released its second-quarter report on livestock numbers in South Korea.
The number of laying hens and broiler chickens rose in the second quarter from a year earlier following an increase in chick placements at local farms, data showed Friday.
The total number of laying hens in the country was estimated at 78.98 million, up 1.6 percent from a year earlier, while the number of broilers rose 1 percent to 110.8 million, according to the Ministry of Data and Statistics.
The number of beef cattle, including the Korean native breed "hanwoo," came to 3.28 million, down 4.9 percent from a year earlier, due to a decline in the number of breeding cows.
The report showed the number of dairy cattle came to 365,000, also down 1.6 percent from a year earlier.
The number of pigs reached 10.65 million in the second quarter, down 2.2 percent from a year earlier.
Open Questions
- What specific factors caused the decline in breeding cows?
- What are the market implications of these mixed trends?
