There are no plans to compensate auction markets who suffered closure owing to foot and mouth measures, or farmers who were unable to enter their stock for sale in such auction markets.
Under the Animal Health Act 1981, compensation is paid for animals that are compulsorily slaughtered to prevent the spread of disease. For foot and mouth disease (FMD), the Act requires that compensation is paid at the full market value before the animal became infected. This is determined by an approved valuer at the time of slaughter. Compensation is also paid for other items, such as farm equipment and feed, where these are seized because they are considered to be contaminated; this includes such things as milk. However, it is a long established principle that the Government do not meet the costs of consequential losses, which must be borne by the industry. Government seek to minimise the risk of market impacts, particularly by encouraging public understanding of the issues.
We are taking a risk-based and staged approach to easing movement restrictions when the evidence indicates that it is appropriate to do so. This is the best way to facilitate the return to normal working for the industry. We are working in partnership with the industry, but eradication of foot and mouth disease remains our priority.