Market Activity

Six cars of tech tallow traded at $0.3025 Chicago today. Two of the six cars were within the 30 day window. Sellers have reported that non-Chicago prices, i.e. West Coast and forward Gulf sales have traded at a premium.

Cattle slaughter looks to trend higher in the comings weeks, pushing to a near term high of 664,200 head for the week ending Nov 2. Slaughter rates are forecast out in a choppy pattern, week to week, over the next five-week period, before…