Market Activity

Three rail cars of renderer and a eight cars of packer BFT traded at $0.3075 Chicago this afternoon. Sources remarked that buyers had been kicking tires for the last week, but thus far had been unwilling to pay up a penny. Cattle kills remain tight as evidenced by the 109,000 head count today. When comparing the Jan – Feb totals, cattle slaughter is off 334,000 head from 2014 and 596,000 head from 2013.

Figure 1.

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