*Please note, Ryan Standard will be out of the office until July 10, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
Overall activity was very sluggish following the July 4th holiday. There was light trading (one load) done higher, at 58 cents/lb for choice white grease out of the Missouri River market. Sources indicated that spot volume remains tight, and demand is still firm. Tallow markets were quiet and steady. Continued high heat is affecting ffa levels, making in-spec material very tight. A slowdown in production, especially with the recent July 4 holiday break, should keep nearby supply for tallow and CWG limited in the near term.
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