What happened this week: The market continues to settle. For the time being it seems that the correction phase has come to an end and the price structure between grades, weights and origins is slowly but surely coming into order again. Although most places across the world have been in holiday mode this week and general activity was slow, sales did not come to a complete stop and demand remained intact. The first half of the week was very quiet but from Wednesday onwards business slowly gained momentum. The strong statistical export figures released in the USA on Thursday revealed that even bulls and ox/heifers were attracting more interest from Asia again.

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