The US $ in EURO
1,1490

What happened this week: We are now entering the period where it is quite difficult to write a weeks market activity down – since there is very little except the regular operations which carry on throughout the year. And consequently our expectations for this week were fully met. Some more interest from the Far East for diary cows, but nothing like the previous weeks. For the moment it seems, that the immediate need for product is satisfied and with their main market – the USA -  being in holiday mood this week as well buyers were not really insisting in business as they were before. However, if one wanted further interest to be satisfied there were options at steady or slightly improved levels. The US price lists are supporting and the cow market remains solidly settled. The bull market remains apathic, because the market is not fixed on either side. Everyone is still waiting for the outcome of the abattoir negotiations and with opinions are drifting far apart it is very difficult.  

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