Three cars of packer BFT traded at 57 Chicago this morning, and more was offered at that price and untraded throughout the day. Technical tallow and renderer BFT were both offered lower and untraded as of press time. Sources have indicated that BFT trading may be happening at lower prices outside of the Chicago rail corridor. 

Buyers were in bidding lower numbers for distiller’s corn oil (DCO) today, but actual, reported volume was limited. That story was repeated in a number of markets, with bids down by as much as 5 cents per pound on choice white grease, used cooking oil and DCO. Most sellers didn’t seem overly anxious to move product today and were waiting to see if the collapse in the energy and ag markets will be short lived or in fact will be a new and lasting side effect of the Omicron variant. There is plenty of malaise in the macroeconomic environment that is contributing to the negative price pressure for December trading, but the biggest factor for many…