The US $ in EURO
1,1320

What happened this week: In reality it was a quiet week. As usual in September cools the initial enthusiasm after the holidays off by mid of the month and sellers have to return to reality. Unfortunately for us fell the time of ‘enthusiasm’ exactly into our monthly abattoir buying and prices propelled up by 7-10 % at the abattoir door without any real justification. The weak USD and the depressing situation in the European tanning industry did not make things any better and leaves the question open if there will ever be a learning effect in this trade. Leather business is always in a low season phase until mid October for various reasons and where the market is heading resp. how leather demand is going to develop we will not know before the end of the month or even until October. We don’t want to sound too pessimistic as nothing  special has really happened except that business did not perform as positive as many had bet on. So sales have been this week just normal. Interest for dairy cows remains very solid, but the

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