Market Activity

Chicago packer BFT was bid higher this afternoon with no trading reported as of press time. Renderer was bid steady with no action either. Unexpected downtimes at some beef plants in the US have cut slaughter levels and sellers are seeing supplies tighten. Cattle slaughter was estimated at 102,000 head today, down 7 percent from last week.

Distillers corn oil prices moved higher this afternoon on tight supplies. Ethanol production was estimated at 672,000…