Market Activity

Ten cars of packer BFT traded down a penny today at $0.2350 Chicago. Renderer action remains quiet and material is offered, but the next traded level is likely to be lower. At this level BFT is just above a relative price of 85% to nearby SBO and should see a bottom for the near future barring any unforeseen actions by government entities.

Choice white grease traded in six rail cars at $0.2400 Chicago. Truck action in the Midwest was steady, but given the…