Market Activity

Trading was fairly quiet today. The only action reported was three rail cars of lard at $0.3200 Chicago. Biodiesel sellers are on the sidelines after last week’s continued peppering of worsening news out of the EPA. With the week closing on news that a blanket small refinery waiver would likely create a 2 billion gallon reduction in the overall RVO, it’s not surprising that buyers are on the sidelines and fat sellers are checking in on all of their feed accounts….