CWG Trades Lower, Hog Slaughter Forecast Lower
Three cars of choice white grease (CWG) traded down to 45 cts/lb Chicago today. Truck trading was indicated lower...
Crude glycerin values edged higher to begin the week, while the kosher crude and refined markets held steady. Market speculation regarding idling plants and slowing production may have gotten ahead of itself. There are still several plants scaling back, but no confirmation that it is to the extent many market participants were projecting a week or two earlier.