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Additional South Korean Egg TRQ Could Lead to Strong Demand for US Eggs

South Korea recently announced another 36,000 metric ton temporary tariff rate quota for eggs and egg products until Dec. 31, the U.S. Department of Agriculture Foreign Agricultural Service said in a July 8 report. The TRQ will help the country…

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maintain “increased levels of egg imports” to stabilize domestic egg prices, USDA said. The agency said South Korea will likely continue to have “strong demand” for imported U.S. eggs through at least August.