Trading was quiet today with no volume reported. A number of market participants are out for the NIOP Conference. Friday’s choice white grease trade at 53.5 Chicago has also pushed some people on to the sidelines, with non-fuel buyers assessing their positions and buyers asking for higher prices basis the big demand from the renewable sector.

Choice white grease supply is forecast to increase slightly over the next two weeks, forecast at 2.6 million head, up 0.7 percent from last week. Over the next six weeks, slaughter and grease production are…