Post by Sunshine on Feb 1, 2011 11:36:17 GMT -5
i dont know if ya'll are familiar with the site Trapping Today but if youre not you might wanna save this link.
lots of good info on it,imo.
heres the recent email i got from the site coordinator.
Winter 2011 Fur Market Report
Posted: 31 Jan 2011 07:45 PM PST
The January fur sales at Fur Harvesters Auctions and North American Fur Auctions are completed and have provided valuable information going forward in this year’s fur market.
FHA held the first major auction of the year on January 7. Prices were encouraging for most items, but the majority did not sell at 100%.
The hottest items at the FHA sale appeared to be bobcat (lynx cat), which sold at only 42%, but on averages of over $500, and coyote, selling at 50-86% and prices of $31-39.
Raccoons averaged $13-17. Mink were $12 and otter $42. Red fox was highly variable ($13-28).
The major disappointments of this sale were beaver and muskrat. Beaver sold at 49-77% and prices of $10-20 on average. Many of these are northern beaver pelts that sold for more than double these prices several years ago. Beaver prices have been lagging and don’t look good going forward.
Muskrat prices were influenced by the lack of buyers from the Chinese market, which typically drives this item. Muskrat sold at levels of 66-100% and averages of $5.90-7.49. While these prices are much higher than just a couple of years ago, they represent a decline from the last auction, and indicate hesitant buyers.
Just two days after the FHA sale, North American Fur Auctions held its second annual internet auction. This auction was started as an alternative to an on-site January sale that didn’t receive lots of demand.
As a result of the lower muskrat prices at the FHA sale, offers for muskrats at NAFA were relatively weak. Given this, NAFA decided to withdraw the entire offering of over 104,000 muskrats and try selling them at the February auction. NAFA is confident that this strategy will pay off in higher muskrat prices in the coming weeks.
Beaver sold better at NAFA, averaging around $21-27. Most sold.
Raccoon sold at $14-21, at about 75% clearance.
Coyote seemed to be the real winner at this auction, selling 100% at averages of $22-51. The western/heavy coyote pelts were the biggest surprise, averaging $51.21. Canadian demand is driving this market.
The first two auctions of the year may have raised more questions than answers. Will muskrat prices continue on their recent highs? Will the improved coyote market continue? Will beaver prices ever make a comeback?
heres the site link for anyone interested.
trappingtoday.com/