Market Activity

Two cars of renderer BFT traded at $0.2550 Chicago for prompt shipment. Corn oil traded in good volume at $0.2000 and $0.2050 FOB Mo. River this afternoon to round out the day’s action.

Cattle Slaughter Outlook

Cattle slaughter continues to run well ahead of last year’s pace with an estimated 611,000 head processed last week. Kills this week are projected at 609,000 and a similar level is expected for the week ending Feb 16….