Artfully cut by fencing move in consequence (9)

'consequence' is the definition.
I don't know anything about this answer so I can't judge whether it can be defined by this definition.

'artfully cut by fencing move' is the wordplay.
'artfully' indicates an anagram (a devious or artful form of the letters).
'fencing' is an insertion indicator (to fence can mean to contain or put a limit round).
'move' becomes 'prod' (I can't explain this - if you can you should give a lot more credence to this answer).
'cut'+'by'='cutby'
'cutby' is an anagram of 'byuct'.
'byuct' going around 'prod' is 'BYPRODUCT'.

'in' is the link.

Can you help me to learn more?