Re: NAFA still has a pulse
[Re: walleye101]
#6694190
12/15/19 11:50 AM
12/15/19 11:50 AM
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Joined: Dec 2015
Posts: 6,918 se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
Posts: 6,918
se South Dakota
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If they could only move those grinners that are left ( :grin)  !!
"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 still has a pulse
[Re: walleye101]
#6694197
12/15/19 12:03 PM
12/15/19 12:03 PM
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Joined: Dec 2010
Posts: 12,168 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 12,168
Armpit, ak
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So this is bad news since these sales occurred in October? Just updating your losses.
P.S. NAFA was a North American mink ranchers COOP. If the mink ranchers of North America want to start another Auction, they still may not want to sell cheap wild fur.
Last edited by Dirt; 12/15/19 12:18 PM.
Who is John Galt?
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Re: NAFA still has a pulse
[Re: walleye101]
#6694280
12/15/19 01:57 PM
12/15/19 01:57 PM
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bleeohio
Unregistered
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bleeohio
Unregistered
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If coonman sees this there'll be fur on the way!
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Re: NAFA still has a pulse
[Re: walleye101]
#6694299
12/15/19 02:33 PM
12/15/19 02:33 PM
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Joined: May 2010
Posts: 2,686 Alaska
drasselt
trapper
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trapper
Joined: May 2010
Posts: 2,686
Alaska
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Having them back in a competative market would be positive as well. Nafa competing with FHA to entice buyers could only help.....the buyers. The trapper suffers. Nafa helping drown the markets with ranch mink does not help the trapper.
you can vote your way into socialism, but you will have to shoot your way out.
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Re: NAFA still has a pulse
[Re: walleye101]
#6694302
12/15/19 02:41 PM
12/15/19 02:41 PM
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Joined: Aug 2011
Posts: 47,957 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 47,957
james bay frontierOnt.
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Timing was terrible for Nafa.Going under right at the bottom of the cycle,with the fur market set to take off,and they wont be a player.
Forget that fear of gravity-get a little savagery in your life.
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Re: NAFA still has a pulse
[Re: walleye101]
#6694324
12/15/19 03:26 PM
12/15/19 03:26 PM
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Joined: Aug 2011
Posts: 47,957 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 47,957
james bay frontierOnt.
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Same as it always is,the demand for fur has not changed,but the supply is drying up.The downward prices were due to overproduction after the last spike in 2012.That was a very good year-$186 avg on marten that year,and ranchers were making big money too-greed took over and the overproduction by the ranchers set the cycle in motion once again. Anyone who has studied the fur trade over the last 300 years knows that it is always cyclical for one reason or another,affecting supply and demand.
Last edited by Boco; 12/15/19 03:29 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: NAFA still has a pulse
[Re: walleye101]
#6694337
12/15/19 03:50 PM
12/15/19 03:50 PM
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Joined: Jan 2007
Posts: 277 ME.
WBG
trapper
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trapper
Joined: Jan 2007
Posts: 277
ME.
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Re: NAFA still has a pulse
[Re: walleye101]
#6694449
12/15/19 06:33 PM
12/15/19 06:33 PM
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Joined: Sep 2010
Posts: 7,004 NC, Person Co.
QuietButDeadly
trapper
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trapper
Joined: Sep 2010
Posts: 7,004
NC, Person Co.
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It is my understanding that around 70% of their business was ranch fur. That means that 70% of their business is gone with their deal with SAGA. Does it not make sense that somewhere in the neighborhood of 70% of their assets, facilities and employees are no longer needed since 70% of their business is gone? Granted, if they do rise out of the ashes on the wild fur side, they will have to gear up facilities and employees to support that business. The way the bad checks and leftover inventory is handled may well determine if will be able to restore enough confidence to even attempt to rise from the ashes. And many of their blue collar employees are already working for FHA or Groenewold.
Still a lot of questions to be answered.
Life Member: NCTA, VTA, NTA, TTFHA, MFTI Member: FTA
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Re: NAFA still has a pulse
[Re: Boco]
#6694469
12/15/19 06:58 PM
12/15/19 06:58 PM
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Joined: Oct 2009
Posts: 883 Indiana
cattails
trapper
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trapper
Joined: Oct 2009
Posts: 883
Indiana
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Same as it always is,the demand for fur has not changed,but the supply is drying up.The downward prices were due to overproduction after the last spike in 2012.That was a very good year-$186 avg on marten that year,and ranchers were making big money too-greed took over and the overproduction by the ranchers set the cycle in motion once again. Anyone who has studied the fur trade over the last 300 years knows that it is always cyclical for one reason or another,affecting supply and demand.
I like the way you think.....my intuition tells me your right .
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