2015 Fur Price Outlook Not Bad After First Big Auction Results of the Year
It was doom and gloom for trappers this time last year after the bottom fell out of the market. Prices were rumored to be going back to basement levels of 20 years ago following the resurgence of the past couple of years. Well, after the January 7th FHA auction, the prices were not that bad.
A lot of raccoon still went unsold, but the Eastern average was still over 10 dollars. Muskrat averages stayed with coon prices with around a 10 dollar average as well. Red Fox did very well, with prices looking more like last years highs.
The big story now is the resurgence of the coyote. Even Eastern coyotes that were not much better than possum prices the past few years, are looking good. Western coyotes are always in demand, but keep a close eye on their “uglier” Eastern cousins over the next few FHA ( Fur Harvesters of American ) and NAFA ( North American Fur Auctions ) auctions.
So, the doom and gloom of the Chinese pullout of the fur market was much to do about nothing. This was an off year for prices, but if things keep the way they are going and we get these unsold raccoons taken care of, then the market outlook for next year may not be half bad.
Here are the FHA Auction Results from January 7th