# MEATY MATTERS: Co-product prices keep falling

> Co-product values for New Zealand meat processors keep falling, with hides and pelts losing much of their value. Meat and bone meal and tallow have held up better than other co-products. Wallace Group has sold its tanning, rendering and composting operations in Waikato, Northland and Manawatu.

- Date: 2020-07-12 · published 2020-07-12T12:00:00.000Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/52241-meaty-matters-co-product-prices-keep-falling
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Weaker hide and pelt revenue lowers total meat-plant income, which can pressure farmgate livestock prices over time. Meal prices are holding up, so feed-ingredient impact is limited.

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/meaty-matters-co-product-prices-keep-falling/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.