What happened this week: We have had a real summer this year! What started some weeks ago with some beautiful weather has lasted and has now turned into a real heat wave and has had consequences on the slaughter and hide production. The kill has been falling rapidly for the past two weeks and is continuing to do so.

Although nobody really knows what the average should be for this time of the year, it would definitely not be an exaggeration to state that we are roughly 30% below what one could expect. The consequences of this for the trade are obvious. As sales were pretty good in June and at the beginning of July, the supply is not currently enough to meet the existing interest and demand. For the first time in a long while, we had to ask for moderate shipping extensions, because the hide supply was so much lower than we had expected. Consequently the offer list is also pretty much barren.

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