The US $ in EURO
1,2450

What happened this week: The market and the opinions are pretty divided this week. Some are calling it quiet and believe, that the heat is off, are others still finding activity quite reasonable and demand more than sufficient to dispose of the increased slaughter productions. Well, as usual the truth might be in the middle. Watching the European market the pessimists are in the majority. Arzignano is facing big difficulties with the affluent plant at present, the Tuscany seems not having started yet into 2004, same applies to Spain, not to mention the payment delays one is facing from the South of Europe at the moment. So, the Southern European  business and market is certainly no joy at the moment and those who mainly focus their sales and activity in this part of the world will not be too positive . In the Northern parts of Europe the business situation is quite normal and most productions are running according to schedule. But, also here many are concerned about the future, because the great upswing in the economy is still more forecasted

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