The NZ government made the announcements for the cull and released the meth standards report in late may. These present upside and downside risks to HRL, but don't necessarily present a quantifiable impact to the business and its value.
If you understand what the business does and how it makes money as well as follow relevant developments in the media, you are receiving the same information at the same time as insiders (or anyone else).
HRL Price at posting:
17.5¢ Sentiment: None Disclosure: Held