Market Activity

Trading was very quiet today with not a lot of action reported. Buyers and sellers both seem to be waiting on news of the biodiesel tax credit, specifically whether it will be a producers or blenders credit. Sellers don’t want to offer much material out for the forward position in fear of leaving money on the table. Buyers have some bids in, but aren’t anxious to pay much, if anything, more than current prices.

CWG trading was lower today out of the Mo….