Market Activity

After yesterday’s $0.3400 trading on BFT the fat market was predictably quiet. BFT sellers were in offering $0.3400 for June shipment. The highest bid reported was $0.3200. Edible tallow did trade at $0.3550 Chicago, four cars for the June position.

Yellow grease trading was reported steady throughout much of the country. Corn oil activity was steady as well with sources reporting mostly hand to mouth buying this week. 

Ethanol production was…