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The UK National Audit Office published a value-for-money report on England's resilience to animal diseases. It notes that HPAI led to 7.2 million birds being culled between November 2020 and March 2025, and that the 2001 foot-and-mouth outbreak cost billions.
The report examines whether Defra is taking effective action against these risks.
The report signals potential for future disease-driven poultry and livestock supply disruptions in England, but it contains no new outbreak or policy change that moves prices now.
nao.org.ukJun 3, 2025After 493 past report events, Lean Hogs moved a median +0.1% over 5 sessions (52% higher; middle half -1.8% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 1,283 past report events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.0% to +1.7%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
