Market Activity

Four cars of packer BFT traded at $0.2400 Chicago today, three of which were within the 30 day window. The weekly average closed down to $0.2465, a 3.3% drop compared to last week’s $0.2550. If the $0.2400 holds through next week, the weekly average for packer BFT will be at its lowest level since the week ending November 3. While packer tallow was active this week, renderer and tech supplies appear to be tight. Chicago tech tallow is now at a six cent premium to…