Market Activity

Four cars of packer BFT traded at $0.2450 Chicago this morning for prompt shipment. Trading outside of the BFT market was very quiet.  Choice white grease was reported as offered up towards the top end of the range late yesterday, but no trading was reported. At an average of $0.2300, choice white is at a penny and a half discount to Chicago packer BFT. The prior three year average is 4.8 cents for Sep and 3.26 for October. Given the wide spread and the $0.2200…