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Animal Fats

Ryan Standard | 05.02.2017 | Jacobsen

Market Activity

Four cars of renderer BFT traded at $0.3200 Chicago this afternoon within the 30 day window. Sources reported additional interest for May packer material, but were finding the nearby market tight. Demand for tallow is strong across all sectors and despite the increase in cattle slaughter most are prognosticating strong pricing with a heavy reliance on formula positions.

CWG trading was higher in trucks, $0.2450 – 0.2550. Chicago rail action has been very…

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