alright. so i read all over about how the ranch mink dilemma is killing wild fur prices, and i get that. but i also read in alot of reports about russia not being at the table to buy up coon. do we not do any fur business with russia? or is there just a heavy tariff? how much difference would it make if it were a free market with the russians and everyone else? i realized that any progress on the russian front is not likely, and i dont want this to devolve into a political argument, im just curious as to how big a player in the fur market russia actually is

Pretty near everyone in Russia wears fur in winter.Fur is big over there.They use all their domestic product which is substantial and still have to import .

We as a country have enforced our tariff policies to the max right now. This has killed the Russian front as for the rest of it we can expect whatever this year's flavor is.

FICA had published this last year, I think that Russians consumed what amounted to $74 U.S.D. in wild fur to every $1 of wild fur consumed in North America. They had numbers for ranch fur as well and it was not as big a discrepancy, but I don't recall what that was? Anybody have an idea?

Russia needs oil to go to about $150 a barrel. Also the Ruble needs to get stronger or USD to get weaker. At the peak of the last fur surge it was about 30-1 ruble to USD. Now it's at 66-1, which is getting closer as it was at 80-1 last year.

Someone can correct me if I'm wrong, but I don't believe there are any tariffs on fur between Canada and Russia, Canada is where Russia acquires most of its North American raw fur.

$90 barrel would help Russia and the dollar is weakening as we speak. The markets look to be ending in the red for 2018 with some looking to have the largest back to back quarter corrections in nearly 40 years.


Sounds doom and gloom but this will help wild NA fur.

I don't know anything about the Russian-Canadian tariffs. So how does it work on US fur that is sold in Canada at NAFA and FHA. If there are no Russian- Canadian tariffs, then would US fur ship tariff free to Russia since it is shipping from Canada?

https://en.m.wikipedia.org/wiki/International_sanctions_during_the_Ukrainian_crisis

The U.S. and Canada have sanctions on trade with Russia over Russian/Ukraine relationship. This is worse for trade than tariffs, of course.

NAFA's making fur traceable.

If it’s COLD ...They Will Come...

Predictions are always real good until the first sale........

......fur is already traceable has been for decades in usa....every fur buyer has to keep records.

tariff are not hurting the Russian market...low oil prices and sanctions are have been since 2014

I thought it has to do with the sanctions we have on Russia as to why they are not getting our fur?

The government found out people are making a bunch of money trapping and having a blast doing it. So they made a way to take most of the money away.

They can take the money away, but they can’t take the fun!

The problem I see with fur is that it is durable. It wears out its owner and also its provider and has a shelf life of a hundred years.
I have seen fur coats and such that are old..old...old and are still like new.
The disparity is in the cost of the product between the provider and the end user.
Zim

As I understand it, there are two classes of fur garment buyers in Russia. One, those who buy coon and such to keep warm, and two, those who buy sable and bobcat items for conspicuous consumption - to show off or to keep up with the Joneses. Both groups buy more when they are confident about their financial future. The Russian economy is not that predictable these days.

Re: help me understand fur markets...

ROTFLMAO.

NO ONE UNDRESTANDS THE FUR MARKET

What exactly do you mean?