CWG Trades Lower, Hog Slaughter Forecast Lower

CWG Trades Lower, Hog Slaughter Forecast Lower

Three cars of choice white grease (CWG) traded down to 45 cts/lb Chicago today. Truck trading was indicated lower out of the Mo. River market as well, and trading was indicated at 50 cts/lb del US Gulf. Outside of the CWG market, trading was mostly quiet today. Soybean oil and heating oil rallied, but a continued dearth of demand from the renewable sector is limiting any optimism from sellers despite the higher prices at the exchanges today. 

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