Market Activity

Three cars of packer BFT traded at $0.2400 Chicago today, Gulf action was reported at $0.2500 delivered for October shipment. Renderer tallow was offered out at $0.2600 this afternoon, but will likely move lower based on today’s packer sale. The Chicago packer BFT market is currently sitting a penny off of the year’s low of $0.2300 seen in early May.

Figure 1.

The weekly average price for Chicago P-BFT is shown for 2016 – 2018 YTD.