Friedrich Sturm Report - 15.04.05
What happened last week: Last week we experienced reasonable activity but once again it was not spread over the market segments as one would have hoped. Demand and sales were concentrated on cheap, light, extra heavy and top quality material which has been the case over the past weeks. One may question now what there is left to discuss as everything seems to be covered. In most cases it is Northern continental cows as they are neither particularly cheap, nor light, nor heavy, nor suitable for anything that is happening in the leather field at present. They are still predominantly used in the upholstery and garment sector but do not really perform. They are not good enough to play in the luxury league nor are they cheap enough to attract buyers to give them preference against more economical alternatives. Consequently, the sale of cows remains a challenge, which is still acceptable for the heavy ones but is a real problem for the lighter weights.