Technical tallow traded lower after the Friday close in seven cars. Choice white grease prices moved higher today out of the Missouri River, Indiana and Carolinas markets. The Chicago CWG market was unquoted due to a lack of activity. 

Hog slaughter finished last week at an estimated 2.475 million head, up 12 percent from a year ago levels and down 7 percent from week prior levels. The slaughter is forecast to trend higher over the next six weeks, averaging 2.67 million head per week. For the five weeks post holiday, the average is 2.745 million head per week…..