Market Activity

It was a busy day in the Chicago edible market with fifteen cars of tallow trading at $0.3200 and three cars of lard trading at $0.3300. Edible tallow buyers have had to pay up to secure material away from the renewable buyers looking for premium material. Ten cars of packer BFT traded into the Gulf at $0.2500 for the nearby market and there have been indications of higher prices than that outside of the 30 day window. The supply and demand structure in Chicago…