Market Activity

Tallow trading was quiet today and the story remains the same; interest to buy at $0.3200 on BFT and $0.3700 on edible/tech, but no offers at those levels. BFT offers were reported anywhere from $0.3350 – $0.3500 Chicago, tech tallow remains tight and unoffered for the 30 day position. Sellers are pushing for $0.3900 for May. Cattle kills should start to pick up in May as seasonal production increases. Numbers in 2016 have been betten than 2014 and 15, but are still…