The US $ in EURO
1,1910

What happened this week: Sales turned out to be quite good as far volumes are concerned. Almost all markets and destinations were present and even Asian customers came back for dairy cows after they had been quiet for some time. Not really a surprise watching the prices for US dairy cows. Unfortunately we had to fight with the consequences of the terrorist bombing in Istanbul and the sharp drop in the USD value, what turned good prices in Asia in just acceptable ones just in an afternoon. We were able to add to the sales in Asia also a reasonable amount of low grades, which were not easy to move for quite some time, but find now constantly better interest. Obviously from tanners trying to average down their buying prices. In Europe the situation was mixed for us. The regular clients booked most of their normal programs which - mainly for bullhides – as usual. Clients were tough in their negotiations and tried to give the market the final strike by bidding excessively down. However, at the end it finished in a fair deal for both parties and we continue to have the impression, that the tanneries who have  

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