Danish mink crop at peak

SANDY PARKER REPORT, VOL. 34, ISSUE 26, AUGUST 30, 2010
The following extract is reproduced with permission from Sandy Parker Reports, Weekly International Fur News. Sandy Parker has been covering the fur industry for more than four decades. For most of that time he has published a weekly newsletter, detailing results of international pelt auctions, wholesale price trends, business developments and movements in the trade, as well as economic and political activities that may impact on it.
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International Fur News
with Sandy Parker
Danish mink crop at peak
THIS YEAR’S MINK PRODUCTION ON DANISH FARMS is projected to equal last year’s which, at 14.5 million, represented a record for the world’s largest mink producer.
More significant is the proportion of ‘velvet’, or short-napped, skins which Danish ranchers have been developing at a rapid rate. These more closely resemble mink produced in the U.S. and Canada (from which their original breeding stock evolved) and have narrowed the traditional price gap between Danish and North American mink.
Danish production of velvets has grown from 35% of their 2008 crop to 47% last year and this year is expected to constitute the majority at between 60% and 70%. The expansion has been largely through continued in-breeding of the velvets, but also through the continued introduction of fresh breeding stock acquired from leading North American farms – a sore point among other ranchers who view such sales as the near-equivalent of giving aid and comfort to the enemy.
IN THIS ISSUE
China Betting on Strong Season
Factories Running Near Capacity…
…but Reporting Skin Shortages
Danish Mink Crop at Peak
N. Amer. Auctions Eye New Rival
For extracts from back issues of Sandy Parker Reports see News Index. Subscribers can access an archive of complete issues at www.sandyparker.com.
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