If true, does this help or hurt wild fur, say globally? Just wondering.
https://www.trappersreport.com/story/Mink-Farms-FAILING-in-Iceland

Iceland with 13 ranchers left is a small contributor to the total of the millions of mink ranched in the World, but they are an indicator of global lack of profit in the fur ranching business and maybe all fur.
Many are hoping for price increases in the future when supply drops to where demand is or will be. The caution there is if we find that say 55-60 million mink is where the demand is that does not mean that fur prices would go up a whole lot. One think we find out during these low price times is what does it cost to produce a pelt and at what level of profit will the ranchers stay in the business? If small profits is all that it takes to keep supply and demand in line that may well mean that wild fur will sell again but probably at levels not much better than where we are at currently. If $12 brown ranch mink females translates into $4 rats then $18 similar ranch females will mean about $6 on rats not 10 or more. Coons suffer from a trim market ( a lot less fur used in trim then garments and the trim trade has a smaller window of acceptable grade, color and quality.

Bryce

Interesting. Thanks.

Would be nice to see a $6 average on 'rats.

We need to see a reduction in European fur farms and a further reduction in Chinese fur farms for prices to really rebound. I have heard there is a possible 25% pelt out happening around the world this year. So the number of ranch mink is heading down. The trade needs about 40 to 45 million pelts a year for ranch mink use. Until we get there things will be unprofitable.

I hate to say this but If the ranch fur industry dies I think that will be the end of the wild fur market. I truly believe we need each other.

i agree with Beav this isn't the 40s or even the 70s everything in this world centers around volume/time look at farming ,logging mining stores or anything else there are few small operators anymore not talking hobby operators without a large volume of hides to dress most large operations will shut down could the glut of furs lower and raise prices sure then production would ramp up if there was a market anymore

The ranch fur market is far from dead. It will always be there. Just needs to be smaller right now.

The retail sale of most fur is very good right now, and fur popularity is growing despite a few designers dropping it from their line currently. The over supply of ranch fur is hurting producers but consumers have it pretty good at the moment. All markets go up and down, this will always be the case.

Regulating supply to demand on a global commodity with multiple sources is tricky business. Too much supply and prices drop below profitability; too little supply and you lose the market. We want the fur supply to be low enough to maintain good prices, but not so low that buyers start leaving. Other suppliers leaving might help us some in the short term, but what we really need is increased demand. More people need to buy fur!

25 percent of mink farms worldwide are pelting out it will take two to three years but it will def help wild fur market. Mink ranches got way over there head on production levels and in result tanked

No different than farmers planting every last acre of corn or soybeans they did it to themselves now to and when farms go r down the ones that survived will do good again

does anyone know what the average age of the owners of mink ranchs will retiring ranchers have kids that want to keep the ranchs going will there be better places to invest their money theres been a lot of homes dozed in and have corn planted where they once stood in the usa