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The Sustainable Food Trust reports that UK abattoirs once received £45 per hide and £6.50 per lamb skin but now pay to have by-products removed. Rising processing costs and falling hide values are making small abattoirs less viable.
Rising rendering and disposal costs for by-products in the UK could tighten local supply of rendered protein for feed, though the effect on global prices is limited.
Not enough comparable past events yet for a historical read.
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.