Market Activity
Tallow trading remains quiet with no bids or offers heard today. Sources have suggested there is interest to buy for June, but thus far no one wants to step in and bid into a void. Cattle kills are coming in the neighborhood of 115,000 head, which is a step up of about 5,000 head from a month ago.
Hog kills are slowing down for the summer. The tightening supply and increased demand from the biodiesel sector has pushed values up again today, $0.2450 – 0.2525…
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