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You are here: Home / Fur Market / Fur Market Update: Gloomy Outlook Ahead of Major Auction Dates

Fur Market Update: Gloomy Outlook Ahead of Major Auction Dates

January 6, 2009 by Jeremiah Leave a Comment

The latest forecast in the fur market doesn’t look good.  A Vancouver Sun article describes the recent drop in fur sales with a quote from North American Fur Auctions’ vice president Dave Bewick:

“The wheels fell off in September,” Bewick said in an interview. “And nobody’s really bought any fur from us, nobody’s really inquired about fur and nobody really knows what fur is going to be worth this year. The whole economic situation in the world is in a bit of turmoil right now the fur industry is certainly part of that.”

You can read the whole article here.

NAFA holds its first major fur sale on January 7th, while Fur Harvesters Auctions holds its sale on January 9th.   These sales will play a large part in setting fur prices for the rest of the season.  We’ll be sure to relay the results here on Trapping Today as soon as possible.

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