Market Activity

Trading was mostly quiet today with the only trading reported being two cars of tech tallow at $0.2350 Chicago, up $0.03 and formula business in the tallow market for February. Sources have commented that offers are out higher, with BFT offered between $0.2350 – 0.2400 for the nearby position and bids seen at $0.1900 – $0.2000.

Offers into the biodiesel are up for the softer fats, but thus far no one is reporting any tonnage. Prices for UCO/YG would be in…