The first major fur auction of the season took place in Ontario today, with Fur Harvesters Auction Inc. selling a limited selection of mostly held-over furs to a small group of buyers. While official results aren’t in yet, early reports indicate that the sale went as most expected it would, or perhaps a bit worse.
Many goods didn’t sell, including most of the raccoon and muskrat. It appears that most of the buyers were purchasing for specialty markets. Coyotes did okay. Not last year’s prices, but these early results reaffirmed that coyotes will remain a small bright spot in this year’s fur market.
Stay tuned for more on the FHA auction. It appears that they held a lot of fur, including the best items, for the March sale in Finland.