Email from my NAFA agent;

By now, many of you have read NAFA Communication’s email that was sent out this past Saturday stating, “at this point in time, we are not in a position to guarantee a wild fur collection in 2020”.

I just finished listening in on a teleconference with NAFA this afternoon. They notified all of their collectors, receiving agents, that they will not be renewing our contracts. Additionally, NAFA will not run a “wild fur” collection or auction this season. They will be “winding down” their corporate operations over the next months and year.

Therefore, I will not conduct pickup routes for the 2019-2020 season. I know that not everyone utilizes electronic communications, so I ask that if you know of anyone else who has used these services in the past please pass on this information. It has been my privilege to serve you over the past two years and with John since the 2013 season.

Because I’m using my personal email account, I am limited to the size and quantity of emails that I can send on a daily basis (500 per day). It normally takes me two days to email everyone on my list. I hope to provide more information over the coming days.

I understand that there are many individual and specific questions. You are invited to contact me by email with your questions and I will reply.

Regards,

Wes Anderson

Thanks for posting that. Says that NAFA will be winding down their operation o ear the next months. It does NOT say they are closing tomorrow.

Big difference between closing the next day and winding down over months.

I’m NOT saying it isn’t going to happen tomorrow, I’m just saying I want proof positive.

Guess I will call NAFA on Friday morning and see if any one answers the phone.

You DARE question the seeing all knowing all Beav? Not sure what he's going to do with his NAFA pom pom's now though, guess Groney can get him some of their's made.

Has anyone contacted Savell to let him know the Canadian Casino has gone broke?

Only the one J-Trap'
The other Canadian Casino seems to be picking up speed.

Dennis told me that he was now informing each and every NAFA agent that their contracts would not be renewed. As far as I know he started yesterday.

From what I was told all the ranch mink graders are now unemployed at NAFA Stoughton and all the Hispanics have left for warmer climates. The office staff Is still In place as of yesterday. And Brian McMillan Is on vacation what ever that means. LOL

I bought fur that was sent back to trappers, when North Bay went upside down. Maybe NAFA should ought to talk to Don Rumsford about reorganization. He went through the North Bay fiasco years ago. Look at What North Bay did. They managed to buy and then pay for their building.
I bet Fur harvesters is having a bit of a , ( what will we do if we get a lot of business from NAFA) I don't know, but I doubt that Fur harvesters has the facilities or man power to handle the amt. of wild fur that NAFA has.
There would be a million things to do, to just get ready for the sales and notify the clientele as to when and where the sale would be at. Maybe Fur Harvesters should step up to the plate and take over the NAFA facilities. They could just kinda slide right in and be the fur Kings. One never knows, things do happen.
I would think that NAFA should have already contacted Fur harvesters, about selling the fur that NAFA has on hand.It wouldn't be the easiest thing in the world, but it could be pulled off. I think this would be a better option than trying to ship all the fur back to the NAFA shippers.

tomorrow is the last day of october

I doubt if anyone answers Nancy.

During the conference call Rob talked about the "nafa family" I reminded him that nafa just put 90% of the family up for adoption.

It was the Trappers and Fur councils that sent money and fur to save the OTA(FHA).UOI got on board and invested big also.
Also a lot of trappers sent fur for a sale not knowing what was going to happen.This was all held secret from the bank trying to foreclose.Truckloads of fur came up with Mark Spencer from Michigan,and also I believe from NY.North Bay never forgot those commitments from the American trappers for that first sale that helped save the company.
The building on Bond st which was owned by OTA had to be mortgaged,and I was at the big party when FHA burned the mortgage and paid back all the trappers.Fur councils in Ontario and the UOI with interest for the money given to save the Ontario trappers auction house,which became FHA.
At that time Nafa was working with the bank to try to make OTA go under,that is the root of the animosity between FHA and NAFA.
Over the years many of the graders have switched back and forth between the two.Some started at Nafa and went to OTA/FHA and some started at OTA/FHA and went to NAFA.

I could be wrong but I would guess the people in the know at NAFA had an idea they were in serious financial problems before the had the last auction yet they had no problem taking and selling the "family" furs knowing they might not be able to pay the "family" for them. I dont buy all their excuses.

If I was FHA I would wait for the estate sale. Gotta figure that fur Auction equipment will go cheap. I definitely would not run up debt in this market. Ask ALC and NAFA how that worked out.

I do think this is bad for the overall market, but where they loaned out money like a bank, except on promises not collateral, banks did some of that happened here in the 80’s farm crisis, I feel they did it to themselves. I do think it will affect Canadian fur sellers more than U.S. sellers or at least here in Iowa because of lack of delivery points for me NAFA an FHA pickup points are over 2 hours away and groenewold is 20 minuets away. I don’t know how the Canadian auction laws are but it maybe impossible for them to sell that fur at FHA because the sellers weren’t notified before they shipped.

Have seen this before where North Bay Fur Sales was left out of the evolution process of OTA going down and FHA coming up out of the ashes. Was not North Bay Fur Sales in between the two for a couple of years? I seem to remember Donnie Craig was the CEO. I don't know/can not remember the details of what was the difference between OTA and North Bay Fur Sales. And then I think North Bay Fur Sales "burned" and FHA actually came from the ashes of that. Is that how it went? U recall Boco?

Yes for a sale or two there was Northbayfursales.I believe that was NAFA and the bank trying to take over.
Ron Lancour was involved I believe when it was Northbayfursales.The trappers wound up getting it back anyway.

Does this mean I won't get my 'possums back?? LOL
Sheeeesh - what a mess!!

Well its the last day of Oct. Mail is up here about 9-10 o clock. I'm not working today so it wont be a problem to go to the post office and get my mail. Any chance the folks at NAFA that told the secretary to tell folks they would make bad checks good in Oct., were not lying?

I was told they would be issued "around" the first week of November.

Zero Chance,zip ,noda, nope. It gave them time to close the doors without the pitch forks came out. It is over and our money is gone. Sooner we move on the better. LLL

has anybody tried to check thier nafa account It wont even let you log in . I think we are all screwed if you have any fur left there or a bad check , which i have both