Lower demand for beaver pelts leads to lower prices, which leads to a lower beaver harvest, which lowers the supply of beaver castor. If the demand for castor remains the same (which it has), the only possible outcome is a much higher castor price. That's what we saw in this week's Fur Harvesters auction, where beaver prices averaged between $7.56 and $12.05. That's about as … [Read more...]
2018 Fur Prices: January Fur Harvesters Auction Results
The first international fur auction of the year has come and gone. Nowadays, the FHA January sale is really more of a mini preview into the year's fur market. Only a small offering is up for sale, in front of a few buyers, and it isn't the best representation of the market that we'll see in the February and March auctions. These sale results indicate a fur market that … [Read more...]
While Gucci and Michael Kors ditch fur, China is eager for it — Quartzy
Here's another article about increasing demand for fur in China. While the fur market has languished in North America and Western Europe for decades due to shifting culture and animal rights activists, things are different in China. Source: While Gucci and Michael Kors ditch fur, China is eager for it — Quartzy … [Read more...]
Petska Fur Buying out of Ord, Nebraska (news article)
When the Petska Fur truck pulls into a town, people show up with deer hides, raccoons, antlers and skunk. Source: Ord fur buyer very busy in November and December | Ord | theindependent.com … [Read more...]
2017-2018 Fur Prices: Trapping Today’s Fur Market Forecast
Note: This is NOT the most recent fur market forecast. Click here for Trapping Today's 2018-2019 Fur Market Forecast. The 2017-2018 trapping season is upon us, and trappers everywhere are looking for a clue as to what fur prices will bring. Since the crash in the fur market a few years back, it's been tougher to get information on fur prices until late in the selling … [Read more...]
2017 Fur Prices: NAFA July Auction Results
With the close of North American Fur Auctions' July fur sale, the 2017 wild fur selling season is in the books. It was a tough one for many trappers, with weak demand from foreign markets resulting in lower fur prices for most items. Oil prices remain low and Russia's economy continues to struggle. China is still buying fur, but at greatly reduced demand. Many buyers are simply … [Read more...]
Why Fur Prices Vary by Size, Species and Location
North American fur prices vary by region – sometimes substantially – and if you’ve ever looked over fur price averages from the major auction houses, you may find yourself confused by all of the different terms, and wondering how fur in your area stacks up against the averages. I get questions like this all the time, including “what’s so special about Western bobcats that makes … [Read more...]
2017 Fur Prices: Fur Harvesters May 2017 Auction Results
Note: This is not the latest fur market update from Trapping Today. Click here for the NAFA July fur auction results and market recap. On the heels of this month's North American Fur Auctions major fur sale, Fur Harvesters Auction, Inc. held their May auction with unsurprising results. For trappers constantly comparing NAFA and FHA to determine where to send their fur for … [Read more...]