Heavy Nearby Supply Pressures MBM Markets Lower
Trading was again fairly quiet today, but there continue to be reports of negative pressure on ruminant and porcine...
*Please Note - Ryan Standard will be out of the office for the remainder of the week. He will return on Monday, December 4, 2023. In his absence, please contact Amanda Luhavalja at [email protected].*
Three railcars of choice white grease (CWG) traded down to 43 cts/lb Chicago today. Outside of the CWG market, trading was mostly quiet at midweek. At the Gulf, max 20% ffa tallow traded at 52 cts/lb, with bids rumored to be as low as 51 cts/lb by day's end.