2013-2014 Trapper’s Fur Report Price Forecast: The Muskrat Gold Rush
Last season’s fur market rally was difficult not to notice among the trapping community. Early and late season auctions showed really positive gains almost across the board for fur bearers. Looking ahead to the upcoming trapping season, all signs point toward another positive fur market. These higher fur prices make it a lot easier for trappers to turn a profit after costly fuel and supply expenses. This is also a good sign for the trapping industry as a whole. We have been seeing many new products and start-ups lately, and this is obviously a response to demand.
The May auction results from NAFA (North American Fur Auction) showed record setting attendance as well as muskrat prices ( Avg. $13.90). FHA (Fur Harvesters of America) backed these numbers up in the June auction setting records of their own with the highest gross sales record and highest muskrat average of all time ($14.27 avg & $18.50 top). Last season’s drought was hard on the rats, and these prices show the demand. This season we could see a muskrat gold rush with trappers staking their claims on every available body of water that holds rats.
Muskrats were not the only positive at the auctions. Red fox averaged at almost $50, and even Eastern coyotes averaged at $36. Raccoons had a $20 average at the June auction. We all know that raccoons are the wildcard in the fur game, but last season’s market spike gave raccoon guys a lot of motivation for the future prices.
Predicting what fur prices will be months from now is about the same as predicting the stock market. There are way too many physical and political factors that can change from now till then to make a definite prediction. However, all signs are pointing toward a lucrative 2013-2014 trapping season. New trappers as well as veterans who hung up their traps years ago are currently gearing up for the coming season in response to these favorable prices. So, be aware, you may have to move a little faster this season to stay ahead of the rush.