Market Activity

Interest for BFT was repeated at $0.3200 Chicago this afternoon with offers out at $0.3400. Tech tallow traded on a Chicago basis, but outside of the Chicago/Rule 11 market at $0.3650. Edible trading for the + 30 day market was reported at $0.3700. Two cars of CWG traded at $0.3100 late yesterday afternoon.

Cattle on feed numbers were released on Friday, showing a 1% increase from March of 2014. The increase coupled with seasonality of slaughter is leading…