Slower Poultry Product Rendering Pushes PFG PBM Prices Higher
Trading was fairly quiet today with many in Atlanta for the International Production & Processing Expo. Indications were broadly...
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Gulf and Chicago BFT Prices Move Lower
The market was fairly active today, especially for the rail market, with trading done into the Gulf and Chicago markets. Four cars of packer BFT traded down to 39.5 cts/lb Chicago basis, and four cars of choice white grease (CWG) were traded at 35 cts/lb Chicago. CWG on an FOB basis was also lower out of the Missouri River market. Tallow traded into the US Gulf market at 40 cts/lb, down a ½ cent from the last traded level.
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