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Post by TrapperRon on Mar 30, 2015 20:21:37 GMT -6
www.nafa.ca/wp-content/uploads/2015/03/2015-03-29-WF-EN.pdfRaccoon Struggles to Find Acceptable Market Levels March 29,2015 The lack of Russian support, traditionally the largest customer of our North American raccoon either through China or Greece, has left a great vacuum in our March raccoon sale. Obviously, there are unsold inventories in the hands of manufacturers in skins or garments that are earmarked for the Russian market. We are hopeful that with the stabilization of the Russian ruble and relative peace in Ukraine, we will have better selling opportunities later in the year. On the positive side, we did have a number of Italian fashion houses buy larger sizes, select qualities, and better colours for sampling, which if successful, will help us in the near future. We adopted a selling policy to maintain the price integrity of the product in an attempt to look out for the best interest of all of our shippers.
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Post by trappincoyotes39 on Mar 31, 2015 4:55:27 GMT -6
Means lots of coons sitting until a fire sale..........
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Post by RdFx on Mar 31, 2015 8:27:40 GMT -6
Puff, smoke, hack hack cough, sooner than you would think !
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Post by bblwi on Mar 31, 2015 11:49:29 GMT -6
Sold 8 of 29 or about 28% for an average of $24. I have two better coons left and the rest are 2xl, xl or SDB damage. Have no clue how or when they will sell or be destroyed. I did 10 road kills for the guy that takes my carcasses and fat. I fleshed them as a way of paying for his services. One sold for $21 and all the rest bought back and they did not grade real well as one might anticipate. This is the first time he has seen finished road kills and he picks only what he feels are the better ones and they do not finish well that is for sure. Had a large-medium male mink that was pale, slky *1 grade that sold for $13.50. I guess that would be the highlight of my sale this year.
Oops- just checked 7 of the unsold coons are 3xl-4xl 1-11 grade which are average plus coons or average coons, so I have 9 larger ones yet to be sold.
I know there were fur industry persons last fall stating that rates would sell for more than coons and many of us believed that would happen. We knew coons were going to be hard to sell we knew rats would soften but most did not feel (me included) that the rat market would fall by 50-60%. I guess one can look at those prices and say it is better than the 10 year average but if coons stay below rats then probably 2 out of 3 coons caught in the USA at current trends won't cover the cost of put up.
Bryce
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Post by Mike Wilhite on Mar 31, 2015 14:04:01 GMT -6
That auction room was full all day! When coon came up it cleared out quickly to about 25 buyers. Part way through the sale of coon the buyers started to trickle out. Maybe a dozen left in the room by the time it was done and I'm not sure why they stuck it out as they really didn't seem interested in bidding
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Post by bblwi on Mar 31, 2015 18:48:43 GMT -6
Sounds rough Mike. They never even bothered to stay to look for bargains or deals! They are not wanting to speculate even in coons, must be mostly buyers that are buying for end users that utilize fur and don't speculate even at low prices. We will see what May and September bring but could be in for some low prices for longer than we were hoping for. We already know how fast the ranch fur industry can expand when prices move up. Flooding the market with cheap unwanted fur during a surplus of goods or a poor market just keeps the values lower longer.
Bryce
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Post by Deleted on Mar 31, 2015 18:57:55 GMT -6
It would appear to me, whatever country a person lives and works in, if they cannot afford to purchase a fur garment or fur-trimed garment living under their present economic environment, whose crystal ball will tell them and us when they'll be able to afford to buy?? It's all about global economics as far as I'm concerned.
I'm not addressing anyone on this board that has posted but what I see on other boards really makes me shake my head. There is a faction of people, suprisingly quite large, who must think the fur market is an act of God and at anytime, change his mind or have a better attitude, or maybe snapm his finger and the fur market will miraculously change direction and every article of fur will be worth unheard of $$! I'm sorry if I sound arragont because that's not my intention but I see very little objectivity or thought process from many trappers. Low fur $$ to them is someones fault as if they trap it, it's suppose to sell and never understanding in order to sell someone has to buy a finished garment!!! No conception whatsoever!!!
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Post by RdFx on Apr 1, 2015 7:11:56 GMT -6
Ditto never !
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