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Re: NAFA Speaks again .... [Re: Actor] #6659876
11/07/19 06:50 PM
11/07/19 06:50 PM
Joined: Apr 2013
Posts: 2,555
WI
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nimzy Offline
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nimzy  Offline
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Yes I believe the standard was to advance no more then half the current value.

Re: NAFA Speaks again .... [Re: Actor] #6659887
11/07/19 07:03 PM
11/07/19 07:03 PM
Joined: Aug 2011
Posts: 21,524
james bay frontierOnt.
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Boco Offline
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james bay frontierOnt.
The agent on the truck has a chequebook and a list of how much he could advance for each species.If the trapper wanted the advance the agent cut him a cheque at the truck,like Jim said,based on his fur receipt(number of pelts in his bags).

Re: NAFA Speaks again .... [Re: Boco] #6659905
11/07/19 07:42 PM
11/07/19 07:42 PM
Joined: Dec 2008
Posts: 2,899
Manitoba
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Northof50 Offline
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Originally Posted by Boco
The agent on the truck has a chequebook and a list of how much he could advance for each species.If the trapper wanted the advance the agent cut him a cheque at the truck,like Jim said,based on his fur receipt(number of pelts in his bags).
Just to add a little, based on what the Agent grades them to be upon receipt as they go through them all.

You cant pull the wool over a lot of them at the truck or depo.

Re: NAFA Speaks again .... [Re: Boco] #6659908
11/07/19 07:49 PM
11/07/19 07:49 PM
Joined: Feb 2011
Posts: 1,236
SE Kansas
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K52 Offline
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SE Kansas
Originally Posted by Boco
The agent on the truck has a chequebook and a list of how much he could advance for each species.If the trapper wanted the advance the agent cut him a cheque at the truck,like Jim said,based on his fur receipt(number of pelts in his bags).


Was that a practice limited to Canadian producers ? I never saw an agent do that at a pickup here.

Re: NAFA Speaks again .... [Re: Actor] #6659922
11/07/19 08:02 PM
11/07/19 08:02 PM
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nimzy Offline
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It was another service available to all customers.

Re: NAFA Speaks again .... [Re: Actor] #6659929
11/07/19 08:10 PM
11/07/19 08:10 PM
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Posts: 21,524
james bay frontierOnt.
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Boco Offline
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james bay frontierOnt.
The fur is never looked at when the cheque is written here anyway.

Re: NAFA Speaks again .... [Re: Actor] #6660807
11/08/19 09:06 PM
11/08/19 09:06 PM
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MN
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walleye101 Offline
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Trying to stay objective with the whole NAFA situation.
Took it as a positive when I saw October proceeds posted to my financial statement a few days ago.
I guess it is a negative as I see those proceeds have now disappeared.

Re: NAFA Speaks again .... [Re: Actor] #6660825
11/08/19 09:22 PM
11/08/19 09:22 PM
Joined: Dec 2010
Posts: 5,347
Armpit, ak
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Dirt Offline
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Armpit, ak
"I've heard NAFA is in financial trouble due to the extremely low ranch mink prices."

2/26/19 Dave Plueger

Should have listened to Dave.


Who is John Galt?
Re: NAFA Speaks again .... [Re: Actor] #6660834
11/08/19 09:29 PM
11/08/19 09:29 PM
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MN
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walleye101 Offline
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MN
Dave was beating on NAFA through the boom years as well so not much objectivity there.

Re: NAFA Speaks again .... [Re: walleye101] #6660906
11/09/19 12:41 AM
11/09/19 12:41 AM
Joined: Dec 2010
Posts: 5,347
Armpit, ak
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Dirt Offline
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Armpit, ak
Originally Posted by walleye101
Dave was beating on NAFA through the boom years as well so not much objectivity there.


Well, I was cruising the NAFA ranch mink website and I believe last year NAFA put out a statement to the mink ranchers that all was well, concerning a rumor of NAFA's financial situation. frown

Dave seems to monitor the market fairly well IMO.


Who is John Galt?
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