Has anyone heard any updates on the Fur Harvesters accounts? It's getting pretty close to shipping time for me and I'm kind of weary.

Ah.....ye of little faith!

I just hate not being able to see what's happening! Lol

Bump

BOCO says get with the program and don't worry !!


w

he said the same about NAFA

Jim Gibb said that NAFA was good to go as well !!

w

Your a middleman,you obviously dont like a trappers shipping to the auction house cause it cuts out guys like you.
I trap and sell at the auction,no need for me to support a middleman.

That charges you and the buyer a commission, so not much difference.

As a Wild Fur Shipper's Council member,
I was a part owner of NAFA.

We had millions in the bank and Herman Jansen
kept close watch over the financial well being of
our auction house.

What could go wrong with a setup like that !!!

w

That charges you and the buyer a commission, so not much difference.[/quote]



Big difference.
Trappers get more money when their fur is intersorted at the auction.Plus all the charges go back to run our auction house.Not going out the door to someone else.
And local buyers sell at the auctions-just look at the creditors list for the Nafa They are all there,lol.

boco news flash!!!!! NAFA is gone !!!!! along with alot of trappers money!!!!

And a lot of middlemens money too.
I never lost a cent there and made a ton of money for years before they went belly up.
Their problem was they were in bed with the ranchers who sunk them.

FHA is a trappers auction house.

So what happened with NAFA anyway? Only been trapping 3/4 of a year and just know there was tension with FHA and some guy took off and bought an island in the Caribbean?…trappers lost everything they brought in?

I called Greg Schroeder, the US shipping and receiving warehouse for FHA in Wisconsin last week regarding the lack of account access for the last several months. He assured me that everything will be "worked out and completed in the next few weeks". He said they are still working on a software update and "re scanning" items into accounts. But I'm with you, it's been going on way too long and doesn't instill a lot of confidence going into the shipping season.

Nafa sold ranch fur mainly.
NAFA lent out 10's of millions of dollars to mink ranchers to expand their buisnesses when fur prices skyrocketed.
The ranchers agreed to sell all their mink thru NAFA as part of the loan agreement yo pay back the loans.
The ranchers expanded production-flooded the market with near 100 million ranch mink skins.
This stupid move depressed the entire fur market for going on a decade,bankrupting themselves and NAFA too when they couldnt rcover the loans.

Greedy fur ranchers destroyed NAFA and the fur market.

FHA survived because they are a trappers auction house,and solid not greedy.
Instead of lending out money to shysters in the good years they put it back into the company for the lean years as directed to do by the trappers.

I dont know any trappers around here that never got paid for the fur they had at NAFA ,myself included.
A bunch of buyers and dealers that sold fur at NAFA lost their shorts apparently.

I had a cheque bounce, which I had to pay the service fee for and was never reimbursed for either. Plus had a half dozen ( the best ones ) marten that I never got paid for!

NAFA was controlled and owned by the ranch fur industry, mostly the mink farmers. The mink farmers started making poor business decisions when the mink market collapsed. NAFA was expanding their ranch mink business while the market for the product was collapsing. Eventually NAFA's bank bailed on them. They declared the equivalent of a American Chapter 11 bankruptcy. They owe many wild fur shippers and some mink ranchers money. They have been selling off their assets to pay back their secured creditors. If they have any money left after paying the secured creditors ( mostly banks) then they may pay off the shippers and mink farmers. NAFA may come back as a Chinese owned ranch and/or wild fur auction company. Time will tell.

Not true,all the trappers who had fur there that I know(and I know a few hunderd in my district)all got paid.It took a bit longer than normal but they still got what their fur sold for.

Individuals Payables Over $1,000.00 ...................................13,983,988
Trade Payables & Other Liabilites Under $1,000.00............... 837,532