Market Activity

Eleven cars of packer and four cars of renderer BFT traded up a ½ cent today at $0.2350 and $0.2450 Chicago, respectively. Availability has tightened up quickly with sellers moving more material into the heavily populated feedlots. Feed buyers had been paying a premium to the Chicago buyers, with trucks reported at $0.2450  into the feedlots. BFT prices have looked similar to 2017 in terms of direction, but have been low in terms of both flat…