The US $ in EURO
1,1870

What happened this week: The market developed into the classical pre-holiday pattern. Those markets and suppliers which are focussing their business on the European tanning industry continue to be nervous about the ability to move enough hides over the summer holidays. This applies in particular to origins such as UK/Irish, since their marketing potential remains still limited by the import restrictions of various countries in the world. With very limited activity in the traditional European markets, the tanners were ready and had plenty of time to display further pessimism and – as usual – the situation was used to try to plant the seeds for further uncertainty and declines. In part, some of it might have been successful, but sales in Europe remained limited and so was the success of the operation. Quite the contrary can be reported from overseas markets. Interest for dairy cows and ox/heifers remained strong and – at least in our case – continues to

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