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Low prices for skins and hides internationally, driven by fashion and consumer spending shifts, are pressuring UK and Irish farm-gate returns. Cattle hides have fallen more than 60% in value over the past five years.
Quality Meat Scotland provided the market commentary.
Lower co-product revenue cuts processor returns, which can lower prices paid for cattle. The direct feed-ingredient impact is small.
agriland.co.ukAgriland TeamJul 24, 2020Not 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.
