Market Activity

Ten cars of packer BFT traded up sharply this afternoon, $0.3200 Chicago for May arrival. Trading in the renderer market was quiet. Outside of the Chicago market trading was very quiet/steady. Sources commented that biodiesel demand remains strong despite lower RIN and heating oil prices.

Poultry fat prices were flat today with sources reporting steady movement into the feed sector. Feed buyers would like to see prices drop, but demand from the biodiesel…