Market Activity

May was off to a very quiet start with very little action in the market today. CWG traded up a bit out of the Mo. River market $0.2300 – 0.2350.

Edible tallow was reported at $0.3000 Chicago.

The April BFT Packer price was the lowest monthly average since 2009. The ratio to HO was 116% in 2015, the highest since 2012 and the ratio to bean oil was 88%. The BFT/SBO number was far from the 101% of 2014, but in close proximity with 2012 and 2013.

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