Tallow Prices Settle Into Lower Range This Week

Bleachable fancy tallow (BFT) prices settled into a steady range this week with no spot market activity reported after Monday’s four car trade. Oleochemical, which has been the largest demand sector for BFT, seems well covered for their nearby needs as does the feed sector. There is risk for lower prices in the near-term market basis cheaper corn values as well as increased per head yield of tallow. A decrease in trim demand may be…