Re: NAFA Speaks again ....
[Re: The Beav]
#6658630
11/06/19 10:51 AM
11/06/19 10:51 AM
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Joined: Dec 2010
Posts: 11,201 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,201
Armpit, ak
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1- No fur at NAFA for the 2020 season.
2- Dealer lots will be returned to dealers.
3- Intersorted pelts will be sold at auction and trappers will be paid for that fur.
4- Bad Checks will be made good.
5- when this will happen I don't know. What Auction? No wild fur sale in 2020 means no auction. Until the secured creditors get paid off, I don't believe the monitor will let unsecured creditors get paid?
Who is John Galt?
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Re: NAFA Speaks again ....
[Re: Actor]
#6658639
11/06/19 10:59 AM
11/06/19 10:59 AM
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Joined: Jan 2007
Posts: 1,047 Iowa
mink99
trapper
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trapper
Joined: Jan 2007
Posts: 1,047
Iowa
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From what I hear bank has seized everything no fur is leaving the buildings.
ITA, NTA, FTA
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Re: NAFA Speaks again ....
[Re: Actor]
#6658662
11/06/19 11:23 AM
11/06/19 11:23 AM
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Joined: Apr 2017
Posts: 2,293 PA
lumberjack391
trapper
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trapper
Joined: Apr 2017
Posts: 2,293
PA
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1 No new fur, just Bocos, beavs and a select few others 2 Uh huh 3 After the higher powers get theirs there wont be any left 4 Checks in the mail 5 Never
Last edited by lumberjack391; 11/06/19 11:23 AM.
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Re: NAFA Speaks again ....
[Re: Actor]
#6658684
11/06/19 11:57 AM
11/06/19 11:57 AM
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Joined: May 2010
Posts: 28,978 potter co. p.a.
pcr2
"Twerker"
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"Twerker"
Joined: May 2010
Posts: 28,978
potter co. p.a.
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add em all together and you get Walleyed's favorite saying.BOHICA
has anyone saw any sign of interest picking up on the nafa news by other fur outlets?? i'll say it but i've saw a lot of action by other outlets in the last 2 weeks.from fha,groeny,and to me i see interest in the country actually ramping up.
hopefully they have the end markets and do well.
i still say this is better than staying on the path we were on.
also feel it may be time for wild fur producers to put a target on the ranchers.
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Re: NAFA Speaks again ....
[Re: mink99]
#6658769
11/06/19 01:21 PM
11/06/19 01:21 PM
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Joined: Jan 2007
Posts: 16,700 north Idaho
wissmiss
trapper
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trapper
Joined: Jan 2007
Posts: 16,700
north Idaho
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From what I hear bank has seized everything no fur is leaving the buildings. That is correct. At least for the time being. NAFA is working on getting dealer lots released. My understanding is that the intersorted fur is not a top priority right now.
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Re: NAFA Speaks again ....
[Re: nimzy]
#6658985
11/06/19 06:43 PM
11/06/19 06:43 PM
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Joined: Jan 2007
Posts: 16,700 north Idaho
wissmiss
trapper
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trapper
Joined: Jan 2007
Posts: 16,700
north Idaho
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Rumor has it there are even some mink ranchers out there who too haven’t been paid. Could that be possible? Anything is possible and I think NAFA owing some mink ranchers is probably true. If they didn’t have loans from NAFA before the August sale and they had mink that sold, they could have gotten a bad check. There are also brokers that haven’t been paid from not only the August sale but the May/June sale as well. I get the feeling that the NAFA financial situation is rather complex and that is why it will take a year or so to get straightened out.
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Re: NAFA Speaks again ....
[Re: nimzy]
#6659241
11/06/19 11:27 PM
11/06/19 11:27 PM
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Joined: Jan 2007
Posts: 1,047 Iowa
mink99
trapper
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trapper
Joined: Jan 2007
Posts: 1,047
Iowa
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Rumor has it there are even some mink ranchers out there who too haven’t been paid. Could that be possible? I thought this was common knowledge? There are lots of mink ranchers that are owed money from nafa. There are ranchers that still have pelts up there they can’t get at.
ITA, NTA, FTA
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Re: NAFA Speaks again ....
[Re: Actor]
#6659347
11/07/19 07:29 AM
11/07/19 07:29 AM
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Joined: Apr 2013
Posts: 4,050 WI
nimzy
trapper
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trapper
Joined: Apr 2013
Posts: 4,050
WI
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This mess started 15 years ago with the promotion exploration in China. The events that followed are historical
Last edited by nimzy; 11/07/19 07:29 AM.
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Re: NAFA Speaks again ....
[Re: Actor]
#6659376
11/07/19 08:07 AM
11/07/19 08:07 AM
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Joined: May 2010
Posts: 2,738 Iowa
coydog2
trapper
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trapper
Joined: May 2010
Posts: 2,738
Iowa
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The hand written was on the wall when they had no bottom price on there coon years ago and I posted it was a fire sale on here and some said about for how business was done, back when in the late 90's they had a bottom price that when it was not met they pull all the coon. They had brought it on them self. I use to ship to them many years ago . I stop when I was laid up for some time and seen what was going on with them, I found someone else to sell to . To bad for the ones that did not got paid and stuck in this mess. The ones on the top of NAFA will look to find a way to cover there self now and the fur producers is the one that will pay for it in the end.
Life member of DAV,NTA,NRA,ITA.Also member of FTA,CBA
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Re: NAFA Speaks again ....
[Re: Actor]
#6659378
11/07/19 08:07 AM
11/07/19 08:07 AM
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Joined: Jan 2013
Posts: 3,112 7mtns of CENTRAL PA
GROUSEWIT
trapper
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trapper
Joined: Jan 2013
Posts: 3,112
7mtns of CENTRAL PA
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PCR2-Same as FHA?
Last edited by GROUSEWIT; 11/07/19 08:09 AM. Reason: Add info
NRALIFER,PRPA LIFER,HUNTER,FURTAKER
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Re: NAFA Speaks again ....
[Re: pcr2]
#6659553
11/07/19 11:39 AM
11/07/19 11:39 AM
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Joined: Jan 2007
Posts: 1,047 Iowa
mink99
trapper
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trapper
Joined: Jan 2007
Posts: 1,047
Iowa
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nah,worse is using wild fur to fund ranch fur I think you have that backwards. Money from the commissions of ranch mink were often used to help fund the promotion of wild fur.
ITA, NTA, FTA
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Re: NAFA Speaks again ....
[Re: hippie]
#6659559
11/07/19 11:41 AM
11/07/19 11:41 AM
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Joined: Jan 2007
Posts: 1,047 Iowa
mink99
trapper
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trapper
Joined: Jan 2007
Posts: 1,047
Iowa
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Amazing that folks would borrow money to the ranch when they know full well they won't make it back. Even worse, to loan the money knowing the same. The borrowing has gone on for several years without a problem. Wasn’t until recently when mink prices went south that there were problems.
ITA, NTA, FTA
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Re: NAFA Speaks again ....
[Re: nimzy]
#6659560
11/07/19 11:41 AM
11/07/19 11:41 AM
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Joined: Dec 2010
Posts: 11,201 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,201
Armpit, ak
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But, I thought we were blaming mink ranchers for the fall of Nafa?
Well, if mink ranchers could just operate like trappers and ranch even when they lose money year after year, NAFA would still be in business like FHA.
Who is John Galt?
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