Active July Finished with Quiet Close

Active July Finished with Quiet Close

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Choice white grease traded in a steady range out of the Missouri River market this morning. Sellers had been out with higher offers early in the week, but the strong supply has put a lid on the topside of the market.  There has been increased interest from the biodiesel sector, but buyers seem well covered through August as July draws to a close.

Bleachable fancy tallow was quiet to close the week and month. There was interest for technical tallow at 32.5 Chicago earlier in the week, but thus far no sellers have shown any interest to sell at that value. Trading into the California and Gulf markets have been indicated at higher levels, values that work out to 36 – 38 delivered Chicago…

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