The US $ in EURO
1,0750

What happened this week: Activity was reduced during the week. As already normal during the abattoir purchasing weeks retreat buyers and sellers from the market and wait where the abattoir prices are heading. Most of the players need and hope for further reductions which are desperately needed to compensate for the erosion of prices in over the past weeks. Sales were consequently limited, but the pattern of the remaining demand was pretty clear. On the present levels light and medium weight ox/heifers as well as bulls find strong attraction from the traditional buyers in Italy and Spain and bids for this type of product were more than normal. So, sales were concluded when hides were available. Price pressure faded and at the end no further reductions were needed and buyers paid asking levels. Also kips and heavy weight calf enjoyed interest. Quite the opposite again on lighter weight calf and kips and the range between 2-14 kgs. Little or no interest and if any at very low prices on a take it, or leave it basis. In four weeks from now we are having the next Bologna

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