Beef Plant Slowdowns Prompt Higher Tallow Prices

The Chicago technical tallow market traded up four cents today for ten rails cars of material. Renderer BFT was bid up two cents with buyers unable to source material. There have been reports of packer interest at $0.3100 Chicago, but reportable bids have not materialized yet. Buyers and sellers in the tallow market remain concerned about supply in the near term. Cattle slaughter for the week is off 11 percent versus year ago levels…