Edible Tallow Trades Lower

Edible Tallow Trades Lower

Edible tallow traded lower today for ten cars. Lard traded lower for two cars. Trading outside of the edible tallow and lard markets was relatively quiet. Some down pressure remains on the feed fat market with buyers seemingly well bought, using less fat in June and sellers contending with heavy supplies.

Distillers corn oil production is estimated at just under 8 million pounds per day for last week, the highest production figures since March 27. The EIA estimated ethanol production at 837 million barrels per day, down 20 percent from year ago levels but up 9 percent from last week and up 56 percent from six weeks ago. With animal…

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