NAFA Sale Highlight Report
#6477030
03/01/19 07:53 AM
03/01/19 07:53 AM
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Joined: Dec 2006
Posts: 1,597 Timmins Ontario
gibb
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 1,597
Timmins Ontario
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Feb 28, 2019
COYOTES RULE THE DAY As expected, the sale of Coyotes was the highlight of today’s auction as the need for this article in the fashion trade continues to strengthen.
NAFA’s offering of over 51,000 Coyotes sold 100% at significantly advancing levels under strong competition from Hong Kong, China and Italy in particular.
A fresh collection of sundry owner Muskrats was sold 98%, mainly to Chinese buyers.
There was also improved demand for Raccoons and that translated to a 75% sale of the fresh sundry owner goods. All sections had good interest with the bigger, heavier Westerns meeting some price resistance.
Lynx sold under strong competition, selling 80% primarily to the Greek/Russian market.
A small collection of sundry owner Beaver sold 72%.
Today’s results have created a positive atmosphere in anticipation of tomorrow’s mink sale.
TOP LOTS
The Top Lot of Musquash was purchased by Bilodeau Canada of Québec, Canada for $15.00.
The Top Lot of Coyote was purchased by Rebellato Graziano S.A.S of Italy for $210.00.
The Top Lot of Raccoon was purchased by Felefasa of Haining, China for $92.00.
The Top Lot of Beaver was purchased by Bilodeau Canada of Québec, Canada for $100.00.
The Top Lot of Silver Fox was purchased by Randy Richard for Glacier Wear of Greenville, ME, U.S.A for $150.00.
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Re: NAFA Sale Highlight Report
[Re: gibb]
#6477097
03/01/19 09:37 AM
03/01/19 09:37 AM
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Joined: Dec 2015
Posts: 6,340 se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
Posts: 6,340
se South Dakota
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So, most of the dozens and dozens of buy backs in the Eastern North Central and Western Semi-Heavy coon yesterday were "protected" dealer lots if the overall "sundry" clearance in coon was 75%...? Man, I won't have the nads to be a fur buyer, especially in lot of the parts of the U.S....
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: NAFA Sale Highlight Report
[Re: gibb]
#6477101
03/01/19 09:37 AM
03/01/19 09:37 AM
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Joined: Jun 2008
Posts: 2,134 sseMinnesota
blackhammer
trapper
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trapper
Joined: Jun 2008
Posts: 2,134
sseMinnesota
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Instead of averages we now get top lot information which mean absolutely nothing to a trapper. Good grief
Ah,for the life of a millionaire,say some,but just let me stay a trapper. Bill Nelson
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Re: NAFA Sale Highlight Report
[Re: gibb]
#6477582
03/01/19 06:05 PM
03/01/19 06:05 PM
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Joined: Jan 2007
Posts: 581 Northern Maine
Jeremiah Wood
trapper
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trapper
Joined: Jan 2007
Posts: 581
Northern Maine
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Copied and pasted from my website, for those who don't want to download the NAFA pdf: The market for coyote pelts remains strong, with 100% selling at advancing levels in North American Fur Auctions’ first major fur sale of the year.
Western heavy coyotes averaged $104, almost identical to last year’s February/March results, and up from the later auctions. It’s uncertain how long this hot market will continue, but a shortage of coyotes in the major fur producing areas, combined with strong demand from multiple buyers certainly helped.
Western semi heavy coyotes (early caught or otherwise less prime) averaged $60.
The surprising thing to me was the bump in prices for the lower quality coyotes. It seemed that color and softness was less important to buyers in this auction, and a shortage of Western pelts probably had buyers scrambling for alternatives. The heavy Eastern coyotes, which are typically highly variable in color, have coarser hair, and sell for a substantially lower price, actually brought an average of $54. This is up more than 30% from last year’s auction, and up even more from previous years. These Eastern coyote pelts are selling for around double their long term average, and hopefully for Eastern trappers, the trend continues. Section III coyotes averaged $17.
The raccoon market is improving slightly with obvious demand for the better quality, larger sized pelts. 75% of the 250,000 coons sold, with averages between $7 and $17.
Muskrats sold well, with most all pelts selling at an overall average of $3.59, which is up from this time last year.
Just when you thought beaver prices couldn’t go any lower, they did. Eastern beaver averaged $11, Westerns $10, and Section III sold for less than $9. The joke about castor being worth more than a beaver pelt seems to becoming more reality than joke. With the low beaver numbers (33,000 in this sale), castor supply is down and demand remains strong. I’ve been hearing of top quality dried castor selling for $80-90 per pound, and in some cases even more!
Only a few of the better wild mink sold, for an average of just over $9.
Lynx sold at 80%, for a disappointing average of $62.
Red fox, gray fox and otter remained mostly unsold, and held for private treaty or the next auction.
Marten, fisher and bobcat results aren’t out yet, but I’ll add them when available.
Coyotes continue to drive the bulk of the wild fur market, and it’s a good thing, because most other species are still selling at uneconomical levels for most wild fur producers. The good news? It appears we’ve hit a bottom in the market, and continue to move along at a low level. How long it will last and what the recovery will look like is anyone’s guess.
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Re: NAFA Sale Highlight Report
[Re: gibb]
#6477650
03/01/19 07:36 PM
03/01/19 07:36 PM
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Joined: Apr 2012
Posts: 3,044 PA
marathonman
trapper
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trapper
Joined: Apr 2012
Posts: 3,044
PA
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