A car of technical tallow traded up two cents today into/through the Chicago market. Used cooking oil trading was active today as well with material traded into the Atlantic Seaboard at 35 cents delivered. UCO into the southeast market is 32 cents and indications are higher for December on tighter supply and strong demand to start 2021. 

Cattle slaughter finished last week at a 647,000 head, down 1.5 percent from a year ago and up 1.4 percent relative to the week prior. Slaughter is forecast a 0.03 percent above the prior six week average over the next six weeks, but a post holiday boost is expected….