So it seems that China is the major buyer of coons and rats, for use as coat liners. Virus comes, no shipping of goods, price drops. All makes reasonable sense.

So who is buying the coyotes? Which country? Who's processing them to be used in garments, then making the garment, then wearing the garments? It's not Canada Goose for most of the coyotes on the market. Is this a situation where there's more value in a coyote in storage, than 6 coons or 12 rats in storage? The market is still holding better on the coyotes. So I'm wondering if they get shipped to a different country other than China? Or, if buyers are just choosing to store them because of their greater value?

I figure that just about all fur including coyotes end up In China to go through the dressing process. So what's the difference if the green hides sit In the Us or China waiting for processing when this Corona scare is over.

If you believe that the corona virus Is the reason for a drop In fur prices your dead wrong.
Since groney Is also In the Hide and Wool business I believe he Is just trying to pull the WOOL over your eyes. LOL

Thanks for the comment Beav. I figure you're right. I just wonder who's paying attention.

If there's another explanation though, I'd love to hear it.

I sold my early caught coyotes for $10 to $15 and just sold my prime ones for $8 to $16. I was expecting 20 for some. Buyer said he's hoping to make 3 bucks a piece at those prices. I'll start the first day of the season next year since primeness didn't seem to matter. I'm home tanning some for wall hangers to actually make some money. I've sold them for 80 bucks tanned.

How come your buyer can't figure this out?

pa,nobody wants to do the paperwork to buy our fur.Growny won't even come here.

TRAPDOC57 WHOS YOUR BUYER?

Beav,
Wondering why you think the virus is having no effect? Millions of Chinese not working so not dressing new fur . Even bigger, millions of Chinese allowed to do nothing but have one member of the family buy groceries. Sure don’t think there is a lot of fur shopping going on. Chinese New Year was basically shut down so that period of buying didn’t occur. I would not be surprised at all if a lot of fur doesn’t go real cheap in the next few months. Best prices from everyone may have been the early prices. We will have to wait and see what happens but a little early to be saying this virus has no effect on the market.

The whole thing started out by groney saying they couldn't ship fur because of the corona virus. And because of that the price was dropping.
So your going to tell me they can't ship the fur do to the corona virus?

I'm sure you are 100% correct In your assessment of no one buying and the labor force Is not showing up for work. But the corona virus Is going to go away and things will work themselves out and business will be back to normal.
So It's just another ploy to buy cheaper. Hey back In the hay day of trapping groney still dropped his prices at this time of the year. And bought PRIME goods for less money then he paid for unprimed fur. Like I said this Isn't my first rodeo.

I shipped mine to Fur Harvestors January 4th was told I would get a call with my information to set up my account that's been a month ago. Im starting to think I lost my fur

FHA is pretty slow but highly accurate in their counts, grades, and payment.

Don't forget FHA is now dealing with a large increase of new shipper's fur as

a result of the Evil Empire (NAFA) debacle.

Have patience, and things will work out a far as the logistics are concerned.

w

With Canada Gooses announcement today I don’t think prices are going to get any better. Stock fell 5 %. They are not downplaying the affect of the virus on their sales. I am keeping my fingers crossed for the fha auction. I hope everything goes well.

You're right Beav,

But to be fair,

At least here in New York State,

In-country fur buys have always paid less money for better quality, prime goods

later in the season than they did with early bought fur.

It's called "Averaging Down" their collections

and has been going on for longer than I have been selling fur.

Happens all over the wild fur Industry so It's NOT unique.

w

And of coarse the word SPECULATOIN comes In to play as we get into the later part of the season.

How long is that going to take? You don't know, and no one else does either,,, so in the mean time Groeny is suppose pay higher prices, then do what with the furs? They need to get returns on their investments and if, just like you, if you don't have any idea when or if your investments will ever ever give you a return, you'd be leary of investing too.

Well ADC groney Is shrewd business man. He called Mr. low at the beginning of the year and asked what Mr. low wanted and what Mr. low was going to pay. So unless Mr. low reneged on the deal groney isn't going to take a loss. Groney may even get some start up funds from Mr. low.

So once groney has filled his orders he then starts buying on SPECULATION or averaging down like walleyed mentioned and the prices take a skid. And from what I'm told gorney does some of his own dressing and sells It that way. Are his dressing facilities In China?


When he sends out the rat wagons those boys know exactly what they are going to pay for that fur before you even get them out of the truck. Back In the day before the computer it was a bit harder but with the computer he can come up with average In a heart beat and buy where they are going to make a profit. I'm sure there Is a app for that.

Seriously, trappers trap on speculation every year, not knowing when or if they will get paid. I have never trapped with any guaranteed price. Not saying other trappers have not made preseason deals.

He tans fur and makes blankets too. They dealt with NAFA For generations and are trying FHA for the first time and I just wanted cash for gas instead of waiting to see what happens at the auction.

I hope your right .Thank you I was starting to worry

So if his orders are filled as you suggest, he should just keep paying higher prices for stuff?

Also he does know about he'll be paying for fur before the truck leaves home I'm sure, just like any fur buyer knows what he's paying on any given day when he opens shop, especially in this market where it changes directions more often than the wind. What if the market never improves? It seems like it will but there's no guarantee.