Market Activity

Trading was quiet to close out the week with no action reported. There was a report of packer BFT offered at $0.3500 Chicago, but the seller said that getting ahold of buyers was a tough task today. The heat continues to wreak havoc on ffas with a triple digit heat index blanketing most of the Midwest.

Sources continue to report sloppiness in the corn oil market, although trading was quiet today. Ethanol production remains strong, as seen in Wednesday’s…