Wild fur harvest seen lower
SANDY PARKER REPORT, VOL. 33, ISSUE 28, SEPTEMBER 14, 2009
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
Wild fur harvest seen lower
THE COMING SEASON’S WILD FUR HARVEST IN NORTH AMERICA is expected to be smaller than last year’s for most species. The weakening of the price structure in tandem with falling mink prices this year has dimmed trappers’ profit prospects, especially in view of higher gas prices. For many trappers who are basically in the lumber or other outdoor businesses, particularly in the northern U.S. and southern Canada, trapping and hunting for pelts is being regarded more as an expensive hobby than as a second income – at least this year. A sharp upturn in prices, however, which would depend on demand, could reverse that attitude next year.
In parts of northern Canada, such as the Northwest Territories, Yukon and Nunavut, government conservation-related subsidies may help keep trappers more active. This would sustain the harvest of marten and other indigenous species.
IN THIS ISSUE
See Auctions Ending on Firm Note
Chinese Buyers Still in Command
Russian Outlook Called Clouded
MEXA Awaited for Early Clues
Wild Fur Harvest Seen Lower
For extracts from back issues of Sandy Parker Reports see News Archive. Subscribers can access an archive of complete issues at www.sandyparker.com.
