Egg prices in the nation are on the verge of having a drastic increase. The move comes as a large number of chickens have been culled after avian influenza or AI had invaded the nation’s poultry farms.
AI is a highly pathogenic bird flu that spread across the nation at a rapid pace since mid-November.
A source familiar with the matter said that the wholesale price of a large-size egg came to 176 won (US$0.15) in Seoul as of last Thursday. That is a 66 percent increase from a year earlier.
Egg prices were lower than usual between December and this summer but began to jump recently due to the widespread heat wave this summer.
The number of egg-laying chickens currently stands at around 67 million, down 10 percent from five months earlier.
Source: Busan eFM News