In recent years, uncertainty has been the name of the game in the fur market. While uncertainty will always be a factor in a dynamic and changing market, enough events have unfolded over the past year to give us a decent level of predictability for prices this season. With the exception of beaver, most major fur items are expected to bring low prices, similar to past years. … [Read more...]
2023 Fur Prices: Spring Update
NOTE: This is not the latest Fur Market Update. Click here for Trapping Today's 2023-2024 Fur Market Forecast and prices. The true state of the 2023 fur market has finally come to the surface, with the majority of state fur auctions and regional fur buying having taken place, and the Fur Harvesters March auction coming to a close. In short, the fur market is in a bifurcated … [Read more...]
2022-2023 Fur Prices: Trapping Today’s Fur Market Forecast
NOTE: This is not the latest Fur Market Update. Click here for Trapping Today's 2023-2024 Market Forecast and Fur Prices. Traditionally, it's been common to provide a reasonably accurate picture of what the fur market is going to look like by the time fall rolls around and trapping season gets underway. But the past few years have been anything but traditional in the fur … [Read more...]
2022 Fur Prices: Fur Harvesters March Auction Results
Due to the current state of the fur market, we're down to just one or two major fur auctions to give us a read on what's going on in the fur market for the season. Fur prices remain very low, but some items sold better than others. Let's talk details by species. Beaver prices are about the same as they were in 2021. The April and July auctions in 2021 showed some better … [Read more...]
2021-2022 Fur Prices: Trapping Today’s Fur Market Forecast
To put things bluntly, it's going to be a really tough season for the fur market, and low prices will be the norm for most species. I hope I'm proven wrong, I really do. But in more than a decade of following the market and reporting on prices, I've never seen anything remotely like this. A seemingly endless global pandemic, supply chain disruptions and economic uncertainty … [Read more...]
2021 Fur Prices: Fur Harvesters July Auction Results
July isn't a typical time of year for a wild fur auction, but given the challenging global fur market and economic and travel disruptions due to the COVID-19 pandemic, selling fur has been a challenge this year. After pretty low overall clearances in their April online auction and lots of fur on hand to sell, Fur Harvesters held another online sale in July. The goal was for … [Read more...]
2021 Fur Price Update: April FHA Auction Results
The market for wild fur continues its slow climb out of a multi-year trough. Powered by the low supply of ranch mink, the weakening of the U.S. Dollar, and increasing demand as countries begin to reopen post-COVID, prices ticked up nicely for some species in Fur Harvesters Auction's April 2021 online sale. For others, it was more of the same. Here are some highlights: After … [Read more...]
Fur Prices Bounce off the Bottom – March 2021 Market Update
Note: This is an older report, and a lot has changed since I wrote it. Click here for a more recent fur market update and fur price forecast. I think fur prices have finally found their bottom, and we're beginning to see a bounce in the market. After several years of supply/demand imbalance due to slowing economies in China and Russia, low oil prices and overproduction of … [Read more...]