I render all fat from our hogs that isn't left on meat and I have never had oil above the lard before. Not sure what would cause that unless maybe higher temps separating the different types of oil from the fat maybe?
What temp did you render at? I usually just throw some water in to start and run it at about 5 on the stove top. I just keep adding fat as it renders down and then I fill
coffee cans with the liquid lard and allow them to cool which generally solidifies the top first and then I freeze them in the freezer.
I have noticed that when it gets warm
enough in the house that some of lard tends to soften and liquify while the rest remains solid lard. If you cooked it longer or at a higher temp the two types may have more fully separated maybe? If it doesn't solidify then maybe just pour it off and use it as an oil...