Market Activity

Packer and renderer BFT were offered out steady at $0.2700 and 0.2750, respectively throughout the day before a packer offering was tendered this afternoon at $0.2650 Chicago. Five cars were offered out late this afternoon.

With the lower tallow prices it’s reasonable to expect choice white prices into/through the Chicago market to come off in the near term.

Cattle slaughter continued at a reduced rate last week, finishing out at an estimated 638,000…