Market Activity

Tech tallow traded for the late October position today, steady at $0.3100 Chicago. Outside of the tech market, trading was quiet. Both renderer and packer were offered out steady today. 

Hog slaughter closed last week at an estimated 563,000 head, down 0.4% relative to the same week last year. Kills are forecast to increase over the next six weeks, averaging a 2.7% increase compared to the same six week period in 2017. The slaughter forecast is for…