Market Activity

Trading was fairly quiet this afternoon with little activity reported. Choice white grease traded steady out of the Mo. River market. Yellow grease was quiet with sources again suggesting lower bids.

BFT remains untraded in the Chicago market, but sources have suggested interest is building for the March position. As stated yesterday, a bid of $0.2900 for the March position went untraded. Given the continued tight kills on cattle, it’s not surprising to see…