Market Activity

Tech tallow was offered lower today by ½ cent at $0.2950 Chicago. Renderer and packer material were quiet. Sales into the feedlots were up a ½ cent this week for February BFT positions, but biodiesel demand has been reported as very poor. This isn’t unusual for this time of year, with February and March historically the worst demand months of the year for biodiesel. It’s reasonable to expect prices to see some weakness in the short term, but the…