Market Activity

Trading was very quiet today with no action reported. A number of buyers and sellers are en route to Ft. Worth, TX for the National Biodiesel Conference. 

Cattle Slaughter Outlook

Cattle slaughter has begun to widen the spread from 2017 numbers. At 615,000 head for the week ending 1/19, slaughter was up by 7.7%. Jan and February slaughter looks to be between 5 – 6% ahead of 2017 before hitting 7% the…