Market Activity

Six cars of renderer BFT traded down to $0.2400 Chicago today. Three of the six cars traded within the 30-day window. Outside of the renderer market, trading was very quiet to start the month.

The hurricane-induced slowdowns were overcome last week with hog slaughter jumping up to 2.57 million head, up 9.7% versus the week prior. Slaughter is forecast to run higher this week with kills projected at 2.62 million head. It’s reasonable to expect downward…