The US $ in EURO
1,2000

What happened this week: Our week was interrupted by a holiday on Thursday. So, domestic activity was consequently pretty quiet and many took the chance for an extended weekend or even a full week holiday. Internationally the situation was a bit better and those working on Thursday were able to collect some orders from Asia – which one was really waiting for after some weeks had been reasonably quiet from that part of the world. At the end it was nothing special, but some sales for dairy cows were generated which was able to lift a bit of our concerns in this part of the market. Certainly we got the help from the US market this time, which help by delivering a slightly stronger tone. Prices were just steady and so there was still no chance to obtain the necessary increases to get back to margins which would be acceptable. Low kill, light weights are still weighing on the calculation and the market has still not digested the increase in abattoir prices paid in April. The weaker USD towards the end of the week

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