Market Activity

Four cars of renderer BFT traded steady at $0.2850 Chicago this afternoon. Trading outside of the BFT market was quiet, although packer material is offered out steady at $0.2750.

Cattle slaughter finished last week at an estimated 660,000 head, up 4% from the same week in 2017 and up 2.3% from the week prior. The 660,000 head is the third largest slaughter week in 2018, just behind the 660,700 seen for the week ending June 8 and 667,000 for the week ending…