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Tallow Trades Higher, Biofuel Margin Squeeze Continues

Alexandra Watts | 07.18.2023

Four cars of packer bleachable fancy tallow (BFT) and four cars of renderer BFT traded higher on a Chicago basis today. Trading was done at 67 cts/lb for the packer material this morning and renderer traded at 68 cts/lb this afternoon after being bid at 67 cts/lb earlier in the day. Choice white grease (CWG) traded higher today with good volume done at 60 cts/lb FOB. Chicago trading was quiet and will be unquoted tomorrow if there is no action.

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