Three cars of Packer BFT traded at $0.1900 Chicago this afternoon on what was otherwise a fairly quiet today. Renderer BFT was bid lower, $0.1900 Chicago, but was countered higher than the previously printed price of $0.2000. The market is still unquoted due to a lack of trading. Sources have commented that feed fat demand and tight supplies are enough to keep renderer tallow above the packer price.
Figure 1.
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11.21.2024
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