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German Perspective - 14.06.11

14/06/2011

What happened this week:  It was a bit of a peculiar week. On one side pretty typical for the time of the year. A number of people were already preparing for the holiday, which made it quiet. Consequently, business activity in Northern Europe was in pretty low gear the whole week and in many regions the members of the trade try to find new and adequate price levels at the abattoirs. The difference in prices between the various countries is widening again, which makes it more difficult for those who are in the upper band of the price range. Sellers which are focussing more on the European customer base are already feeling the effect of the upcoming holidays and a number of clients have closed their purchasing books for the time until their closures – at least those who are not solely depending on fresh, chilled hides.

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