Market Activity

It was a very quiet day in the fat market with little action reported. CWG trading was down today, $0.2450 – 0.2500 FOB Mo. River to sum up the day’s spot action. 

Prices were fairly regional last week with the Midwestern markets seeing declines in the DCO, YG and CWG markets. Looking at the big drop in heating oil values it’s easy to make the connection between the price drops and biodiesel bids/demand. Sources commented that both biodiesel and feed…