ANIMAL FATS COMMENTARY

The BFT market is quiet, very quiet which always makes me suspicious that something is going on but not be reported.  But then again the cattle kill today was 91,000 head or 20,000 less than last Wednesday.  This brought the week to date to some 20,000 less than last week and 28,000 head less than a year ago.  My guess is that if this kind of cattle slaughter keeps taking place that shippers will get behind in June…