NAFA Sale

[TrapperRon]

NAFA Kicks Off Spring Auction

Over 600 Registered International Buyers in Attendance

NAFA’s Spring Auction, which offers over 3.8 mink and a huge wild fur collection, got off to an impressive start today as 1.5 million Section III mink were sold at exceptionally strong levels. In an auction room, once again, filled to capacity, buyers from all international markets engaged in spirited bidding, as all colors sold 100 percent. Hong Kong/China dominated purchases at today’s sale.


www.nafa.ca/12081

[bblwi]

Ron what is a section 111 ranch mink as far as quality etc.?

Bryce

[thorsmightyhammer]

bottom of the barrel bryce

[thorsmightyhammer]

I shouldn't say bottom of the barrel Bryce, just not top of the barrel.

The stuff sold today was listed as inferior and damaged.

I'd like to see a pelt of mine called inferior black male mink and bring over a 100 lol.

[TrapperRon]

They are the damaged section. Just like in wild fur we have a section lll which is the damaged goods.

I had a damaged marten in February which brought $90. Seems even damaged goods that are good quality fur, regardless of damage are worth good money.

I see damaged rats bringing what we averaged just a few years back.

[bblwi]

Thanks,
I assumed they were not the better goods, I just did not know at what level of "lessor" or "poor" they were or are.
1.5 million out of 3.8 million? Is that the total for several sales? I find it hard to believe that 40% of the sale items if they are fresh would be region 111. When I worked on a mink ranch for 5 years in the early 1980s there were few bad mink we harvested and pelted.

Bryce

[thorsmightyhammer]

Ron can probably explain it better Bryce as all I am going to do is surmise.

Nancy said on Tman that they didn't have an offering of low grade on the
feb sale so I suppose that a lot of them are banked up so to speak.

My guess that when mink die or are culled through out the year they are pelted.

Or the breeders whether it be males that don't work out or females that don't get pregnant, wont raise a litter or have a small litter are put down and pelted at a time when the quality of the fur is off.

If they weren't offered in February it could be a bunch of those mink were pelted last spring or summer after the final mink sale.

[bblwi]

Thanks guys I assumed they were lower grades, but did not know how low or if the same system was used for ranch and wild fur. Another question, with 1.5 million region 111's is that an accumulation of several sales? Forty % of the offering seems high out of 3.8 million if all were fresh goods. I worked for a mink rancher for 5 years in the early 1980s and we never would have many poor quality mink going to the sales.

Bryce

[TrapperRon]

Day 2

Stellar Breeder Sale on Day Two of NAFA’s Spring Auction

Day Two of NAFA’s Spring Auction again produced tremendous results – nearly 600,000 breeders sold 100 percent, with prices generally advancing 5% to 7.5% over the most recent North American auction. Brown and Mutation mink had the strongest advances, which exceeded 10%. Once again, the auction room was full of buyers from around the world and bidding was vigorous. Hong Kong/China dominated the buying today.

[thorsmightyhammer]

Looks like it still going to be a good time to be a muskrat trapper.

[TrapperRon]

Day 3

Day Three of NAFA’s Spring Auction Produces Impressive Results

Registered buyer attendance increases to 660

NAFA’s large and high quality offering of over 265,000 mutation and pastel mink sold at very high levels and, in most cases, prices were firm to slightly advancing compared to April thereby re-establishing confidence in the market. Mahogany males sold under strong competition and, once again, prices increased 5% to 7.5%. All major markets were represented with Hong Kong/China again being the major buyer

[minkman99]

There are more damaged mink produced than anyone thinks. Especially nowadays as the grading system has come full circle with a ton of grades that didn't exist 10 years ago. Lowgrade ranch mink will be anything pelt that is a little spoiled from summer heat, summer skins, scars, clips, stains, singe, cotton, small sizes, etc., etc. There is a market for these lowgrades even kind of a specialty market for them, which is why some fetch premiums.

I always kind of laugh when trappers say lowgrade mink replace coons or even rats. My average on my lowgrade mink do far better than anyone's average on their coon or rats.

[TrapperRon]

Day 4

Strong Prices Continue at NAFAs Spring Auction

Day Four of NAFAs spring auction featured its outstanding collection of Black NAFA male mink, which sold 100% at firm prices compared to the most recent North American auction; while Demi/Wild male mink was firm to previously established April levels. Energetic bidding was the norm as the number of registered buyers once again increased, bringing the total number to 700. Mahogany Females advanced, upwards of 5% under strong competition.

Greece participated strongly in today s mink sale, with strong support from Hong Kong China.

[thorsmightyhammer]

Thanks for the updates ron

Anybody want to venture how the muskrats and other fur will do?

[blackhammer]

May 31, 2013 19:16:31 GMT -6 thorsmightyhammer said:

Thanks for the updates ron

Anybody want to venture how the muskrats and other fur will do?

Rats will be right in line with Febuary maybe higher for the top end. Coon will be good but nothing like Feb but 30,35 dollar averages for golden triagle coon down 10 dollar or so but great prices. Beaver especially larger sizes ,even damaged will be very good. Smaller not so much. Red fox still very strong. coyotes I'm not sure although Wiebkes seem to think there is decent demand. By the way Steve that possum I sent, top lot! Should have skinned 50 might have been 300 dollars in gas money.

[thorsmightyhammer]

You should have trapped more muskrats this winter

[blackhammer]

May 31, 2013 19:43:55 GMT -6 thorsmightyhammer said:

You should have trapped more muskrats this winter

That's the story every year. Bet I'll get it down about the time rats are four dollars. If only I would have marketed my coon right I would have had close to an extra cool 10,000 dollars. That would have equaled a lot of rats..

[thorsmightyhammer]

You know me, I'm a broken record.

[blackhammer]

May 31, 2013 20:15:04 GMT -6 thorsmightyhammer said:

You know me, I'm a broken record.

I love these rats prices. But it will be fun to see you switch animals one day. Hopefully it will be coon.

[blackhammer]

:(Thanks for the updates Ron.