Three cars of packer BFT traded higher on a Chicago basis. A number of buyers were in the market with bids at 62 and 63 Chicago but were unable to source material. Tech tallow was indicated lower but was unconfirmed as of press time. 

Choice white grease moved lower today and buyers are bidding at substantially lower levels for their next position. Distillers corn oil traded steady on an FOB basis for the spot market in light volume. Bids for the forward position were indicated at a penny over the current spot market, but no trades were reported. The rail embargo on the Gulf is backing substantial amounts of material into the interior and creating buying opportunities. At least 50 rail cars per day of demand have been diverted due to…