Market Activity

“Well bought” and “well sold” were the most often used phrases today in a very quiet market. There was some activity out of the Mo. River with CWG trading done in a steady range. Edible tallow did trade up a penny, $0.3400 Chicago.

Sources on both sides of the buy/side line reported that March is well booked. The next position is April with neither buyers nor sellers giving up much on direction. Tallow remains tight, but there are reports of tallow…