Market Activity

A total of eight cars of CWG traded at $0.2300 Chicago today. Trucks out of the Mo. River market traded in a wide range, $0.1900 – 0.2200 FOB. Heavy supplies and a lack of trucks continue to weigh on the market. Lard traded down a penny, $0.3800 Chicago today.

Mo. River CWG currently sits at 61.3% to nearby soybean oil, a good value when considering the relative price over the last several years. The three year average for Dec is 65.9% and the five year…