Market Activity

Three cars of packer BFT were reported late this afternoon at $0.1900 Chicago, tallow trading elsewhere was quiet.  Reports on the S&D balance continue to come in with mixed sentiments. Cattle slaughter, however, continues along at a tepid pace. November slaughter was slightly better than 2014, but 15.5% off of the 2008 – 2013 average.

Figure 1.

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