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Post by claytoncarr on Jul 27, 2011 10:00:19 GMT -6
I am proud of the furbuyers paying a 3% profit sharing for last fur season. And a 3% profit sharing this coming season.
With all the negative comments about furbuyers being back stabbing, money grubbing sob's, they have made a symbolic and real act to display appreciation for the trappers hard work!
Warms the cockles of me heart.
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Post by leadfoot on Jul 27, 2011 13:41:40 GMT -6
do you mean NAFA ? , I saw on there website where they are going to pay a 3% profit sharing dividend to WFSC members. But not till after the January sale.
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Post by claytoncarr on Jul 27, 2011 21:00:08 GMT -6
What fur buyers would that be? It sure Isn't Groney  NAFA dose not buy fur. You mean country fur buyers don't do profit sharing? I had no idea. Why on earth would anybody not use NAFA then? |
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Post by Nick C on Jul 27, 2011 21:15:09 GMT -6
So 3% profit sharing means if you sold 10k in Fur, they cut you a $300 check? Is that correct?
$300 isn't all that much money these days.......
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Post by thorsmightyhammer on Jul 27, 2011 21:51:18 GMT -6
So 3% profit sharing means if you sold 10k in Fur, they cut you a $300 check? Is that correct? $300 isn't all that much money these days....... You're asking if 3 percent of 10 g's is 300 bucks? You're the accountant. If you can get a 3 percent raise at work these days you are doing pretty good nick. |
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Post by mattduncan on Jul 28, 2011 0:18:04 GMT -6
heck nicks a farmer , have you not seen the price of old crop corn , nick please dont start feeding hogs lol
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Post by ChrisM on Jul 28, 2011 6:37:24 GMT -6
So 3% profit sharing means if you sold 10k in Fur, they cut you a $300 check? Is that correct? $300 isn't all that much money these days....... No, that would be 3% of your gross sales. I doubt if NAFA made $10,000 profit on your 10 grand worth of fur. |
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Post by trappnman on Jul 28, 2011 7:51:25 GMT -6
you mean NAFA holds fur for years, and then sometimes sells it at fire sale prices? You mean NAFA sometimes gets the grade wrong, and your good fur brings less than it should?
why, I had no idea.
Who would sell fur to a company like that?
PS Clayton- seems to me, someone once took your badgers to sell local, cause you got better money than shipping....just sayin'......
I guess there are pluses and minuses to selling any way you choose- but whatever way you choose, doesn't make you smarter, better, or even more profit in the long wrong.
its a personal choice, but sadly, that choice, is what causes every fur buying thread, to go downhill and be deleted. lets see it a tit for tat is sufficient on this one.
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Post by claytoncarr on Jul 28, 2011 8:39:58 GMT -6
you mean NAFA holds fur for years, and then sometimes sells it at fire sale prices? You mean NAFA sometimes gets the grade wrong, and your good fur brings less than it should? why, I had no idea. Who would sell fur to a company like that? PS Clayton- seems to me, someone once took your badgers to sell local, cause you got better money than shipping....just sayin'...... Steve, You are sooooo funny. You are correct on what you say. I think Jeff and Phil sent the badgers. I wanted to send all my yotes with you. NAFA has some issues for sure. Like getting country fur buyers prices when the fur should have brought more. I think the disappointment is more from being spoiled than getting screwed. When you consistently sell hides for twice the country price and the fur sells for country prices it's hard to grin and bear it. |
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Post by trappnman on Jul 28, 2011 8:55:10 GMT -6
but the point is, beaten to death, is that it depends on a couple of things- your local buyer and where you live.
I've NEVER sold local, at anything close to half price of auctions- in most cases, my local prices are pretty darn close. and sometimes- as when the mink and rat market took a dive a few years ago- I made far, far more than I'd ever make at auction. and most years canines bring me more local, than at later auction prices.
and a local buyer, will buy fur from you (assuming you are a loyal customer) when the markets are down- for example, when the coon market disappearred overnight- I sold ALL my coon that year, AFTER the crash, and decent prices. How many shippers, had coon waiting for years to sell after that? and then, they sold at fire sale prices.
I've talked to FHA my times over the years, and told them what I was getting for local prices, and he told me, that while FHA might do me better on few items, overall, I had no reason to ship.
shipping local, or selling at state auctions, or shipping- none are perfect, and its up to each buyer, to find their own best way to sell.
Yes, i'm lucky- that we have several big, local buyers that all compete, and pay well. If you don't, and you do not from what i hear, then shipping is indeed the best option.
thought you had some of those badgers- sorry. but phil and jeff, were very pleased at the local prices- and I sold my KS coon at $22 average and my KS coyotes at $35 that year.
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Post by calvin on Jul 28, 2011 9:16:27 GMT -6
I too believe location has much to do with what local prices are being paid. Here we are lucky and paid well for what we have....and they always buy when they know you. Even in years when a certain item didn't move at all.
That said, I shipped rats to FHA (which was very close to NAFA prices) this spring and sold some local to compare prices on two different occasions. The last bunch was sold on the exact same date as the auction. I got about 20 cents more per rat local (after shipping commission on the auction) selling local. Now, I/ve not compared exact size/grade differences so their could be "some" differences but all the same rats and appeared to be about even as far as grade goes.
Of course my (or Steve's) situation isn't everyone's situation. Fur buyers vary of course. Compare and go with what best suites you relative to your area...this seems to vary quite abit.
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Post by Nick C on Jul 28, 2011 20:26:17 GMT -6
So 3% profit sharing means if you sold 10k in Fur, they cut you a $300 check? Is that correct? $300 isn't all that much money these days....... You're asking if 3 percent of 10 g's is 300 bucks? You're the accountant. If you can get a 3 percent raise at work these days you are doing pretty good nick. Hahah!! I guess I should've been more specific in my question. Does NAFA figure your profit sharing at all by how much you sold through them or how do they split up this 3% profit sharing? |
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swifty
Tenderfoot...
Posts: 37
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Post by swifty on Jul 28, 2011 20:49:56 GMT -6
They are sending back 3% of WFSC member's gross sales for the auction season. They originally took out 9% of the gross for commission, now they will send back 3% of gross so the commission actually ends up being 6%.
This would be in addition to the normal 2% commission savings for WFSC members.
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Post by mtcbrlatrap on Jul 29, 2011 10:37:47 GMT -6
Wow someone is returning back to their customers a 3% rebate because they had a good year and on here this is a debate and argument. We are fur harvesters but sounds more like the BOD meeting of the professional whiners organization. LOL
Bryce
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Post by crichards on Jul 29, 2011 11:08:00 GMT -6
Nick if 300 isn't that much My address is...........be expecting a check from you.....lol
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Post by Woodswalker on Jul 30, 2011 15:14:39 GMT -6
Actually it is more like paying 33 percent less in commission.
Instead of 9 percent we pay 6 percent.
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Post by BadDog on Jul 30, 2011 23:54:40 GMT -6
Boooo... Bad troll...  Yaaaaaaaaaaa... 3% back in the pocket... someday...  |
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