What happened this week: As one could have predicted, we saw one of the weeks with the lowest activity so far this year. The peak holiday season in Europe plus some holidays in Asia left only scattered activity. Some sales were generated, but these were either regular, programmed renewals of existing long-term arrangements or isolated trades in light material. Some interest for dairy cows was noticed from Asia, but in view of the weak situation in the US cow market and the falling US$, it was difficult, or nigh on impossible, to find an agreement between prices bid and prices sought. Fortunately, we are reasonably well sold and in a position to hope for an improvement later in the summer.

Share this story: