Market Activity

Three cars of renderer BFT traded at $0.2600 Chicago for the 30 day position. The $0.2600 is at 75% of today’s nearby CME soybean oil price. There is interest to buy $0.2500 for Packer BFT Chicago for Dec shipment, but the only offers reported for that time frame were at $0.2650. With today’s $0.2600 trading, sellers may eye higher levels for Dec/Jan.

Weekly Review

Decreases in the fat market slowed last week with most of the changes limited to sub…