Market Activity

Choice white grease trading moved up a ½ cent on the topside with trading seen at $0.2400 today. The market is an odd mix of smaller volume sloppiness and bigger volume tightness, anything moving in rail cars of or at greater than 10 – 15 trucks seems to be priced higher due to strong demand from the renewable sector and some nearby tightness in the cash oil markets. Kills were high again today at 468,000 head so supply is not the issue, it may be that…