News

Friedrich Sturm Market Report - 25.07.03

28/07/2003

The US $ in EURO
1,1530

What happened this week: Well, basically one can copy last weeks report into this one. The kill remains very low.  European tanners are finally preparing for their holidays and only some limited interest to fill the production after the holidays has been noticed. As expected continental European business will almost slowdown to zero.  Consequently was the in focus of interest in the demand from the overseas destinations. Interest continued to be good for dairy cows. Some irregular destinations such as the Middle East showed interest in steers and even bought the odd load. The demand for dairy cows couldn’t be satisfied due to the low slaughter and also as a consequence of the steady and regular business over the past weeks if not to say months. However, the situation remains a bit misty as there are still rumours on the market (Italy) of cheap cow offers being around. Apart from isolated loads where sellers insist on shipment

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