Market Activity

Trading on CWG was done late Friday at $0.3200 Chicago. Sources reported heavy formula volume for the second half of July in the BFT market. Spot trading was non existent.

Yellow grease action was reported higher out of the Illinois market as was UCO trading. The California market saw action at higher prices on UCO as well. Yellow grease trading was indicated higher, by as much as $0.04/lb. Confirmation is pending for that trade. Sources continue to report…