What do you think existing ranches are doing now?

Not even close when compared to Kopenhagen and the Chinese explosion.

Borrowing from SAGA, who will eventually be bailed out by the Finnish government. Like they bailed out their fur farmers back in the late 80's.

"Before Finland joined the EU, public subsidies for fur
farming were substantial. When recession hit the fur industry
at the end of the 1980s, the government intervened to help.
In 1990–91, the fur industry received an additional package of
25 million euros from the state in direct support for the price
of skins. Without this funding package the Finnish fur industry
would probably not have survived this period."

Boco, you do live in the promised land, don't you! I wonder what you happen to your daily tally if you couldn't catch sable or your high-end northern beavs...?

I wonder how Boco would do if he was forced to re-locate to IN or KS (not picking on you all, just trying to get Boco out of his element) and make his living or at least part of his living-- remember he worked on the railroad up there--from trapping...? I asked the question before, what's more valuable per cm2, a prime pine marten or a prime western bobcat on a normal year?

[quote=Jurassic Park

If they came back and raccoon prices were $20 all you hillbillies would be back! LOL [/quote]

I kind of think you are spot on

My hat is off to anybody doing 400 daily in this kind of market. We just don't have that kind of quality or numbers of fur like that where Im from.

In this country I know of no ranchers borrowing money from Saga.

I find it humorous that some on here think NAFA was responsible for the hot market back in the day. If that's the case then are they responsible for the crash as well ?

Promotion can be fickle

Not yet maybe. Where you selling your mink this year?

Nafa updates accounts with information from two months ago and everyone is talking about how the market will be with them back and what not lol. They are being handled by the court step by step right now on what they need to do and how they do it. Personally I would be even more (This word is unacceptable on Trapperman) off if I found out they sold more of my stuff and owed me more money. But that is just me. Like Wiss Miss said they are a long way from even being able to see the tunnel let alone coming out of it. I have my doubts but i also know that there is value history of a company and them being allowed to become solvent again. Similar to bail outs that happen here in the states as well. I would expect leadership would have to completely change before i would trust them with anything. And even then i would need to see the fellow trappers repaid like promised before i would ever send a thing to them.

Two different places.

If you guys think we are getting rich off some of the best fur in North America on Auction prices, why do they have to guarantee a price above the Auction prices in the NWT? Maybe because Auction prices are not that lucrative anywhere you may trap much of the time.

P.S. Even the guaranteed prices are not IMO get rich prices.

My grandfather use to say "If you get taken once, shame on them. If you get taken twice, shame on you."

Hey folks, I get trapper predator caller magazine that came today. Pretty informative on NAFA and short-haired fur in general. Looks like it's best to use other buyers that will pick up 20,000 additional customers.

Dirt-

I was inferring to Boco's range of what he thought (knows) his fur was worth on an average day when he was sending pelts to both NAFA and FHA. The unknown variables are 1) how many days a year did Boco trap?, and 2) what were his expenses? Revenue in, obviously doesn't equate to profit.

Boco's stated minimum was $400 a day so if he trapped 60 days his revenue in would have been 24k for the year, 90 days would have been 36k. He stated his highest grossing day was $2,000 a day. I doubt that was sustainable for a whole season but let's just say it was so for a 60 days of trapping, cash flow in from his furs would have been 120k, 90 days it would have been 180k. I don't know what a boreal forest trapper averages for actual trapping days but if it was 60-90 days, then Boco's value for the year would range from $24,000 to $180,000 a year. I'm sure he or you will tell me where I'm wrong.

There are guys in the lower 48 who bust their butts with size of their lines and sheer efficiency of their efforts (that will never be me, never) reach that lower range of $20-35k range by trapping the species we have here but perhaps only a few dozen who can reach towards the middle of Boco's potential range, and they would have to be long-liners of western bobcats or heavy pale coyotes, maybe a few other exceptions. But Boco just flipped his numbers out there like its no big thing. That's all I'm saying.

More local buyers will come on board to fill a void but there will need to be another major collection outfit be it auction, private whatever that can develop the markets for the numbers that the international buyers want to deal with so they can make decent profits on small margins. FHA, GFW, and others have responded. Weibkes is another established buyer in the upper Mid West with a long history of buying fur and has his outlets as do other long term larger buyers and regional collectors.
Fur is not a good likely product to try and become horizontally involved in with the market being cyclic and fad driven, unlike fuel, energy, food etc.

Bryce

Now I am just talking about my way of running lines here,Not everyone runs their lines the same.In normal years (prices)a one day run of one line could get a low of around 400 or a good days could be upwards of 2000,depending on the amount of animals caught,and the species.When marten and otter and cats were high it did not take much fur to hit 2000 on a run,Not every year did I have enough different lines out to run 5 days a week,some years I did.When I was working full time I could only run 3 lines a week.And my mid week line was a smaller one.
Last year and this year effort was very small because of the market conditions,Plus I am older now.
But over the years I ran 5 lines a week for quite a few years and no less than 3 lines a week most of the time.We did make very good money thru the auction houses for 40 years,when fur prices were normal.
Costs of running lines here is low 40 to 60 a run would be the expense.
I was never a big numbers trapper like some guys in the north.Some guys run very long lines on extended checks,their take on one run of marten could be very high.
A few years ago,one trapper picked up over 70 marten on one check of his long line in this area,I believe he ran a 10 day check.He also had a couple other lines in different parts of the province at the same time.
I never liked running those long marten lines as when it came time to pick up traps late in the year,the work in the deep snow and constant breaking new trail was very hard on equipment and dangerous from a safety standpoint when running alone.

.......boco is always flipping his numbers and ideology out there!!! very little truth or merit to either lol

Well Wallfur,I have documented a season a couple years ago,on here not a normal season like when I trapped in my younger years though,but it was a 3 day a week short line,since I'm,64 now.
I dont know your age but do you even trap?I cant recall you ever sharing anything about your skills.