FHA Auction Predictions?

[HunterDave]

What’s everyone’s outlook for the auction?

On one hand COVID has made a mess of things with the requirement for an online auction and concerns over shipping, etc. On the other hand, buyers might be concerned that there may not be another auction after this one and this will be their only chance to buy fur.

Personally, I’m cautiously optimistic. I think that the demand is still strong for coyotes but I have no idea what the online auction looks like.

So, are you an optimist, a pessimist or somewhere in between.

[wolfcrazy]

I think some of the buyers used to NAFA grading might be put off by not being able to physically seeing the fur. I just hope that FHA set the reserve bid at a acceptable value. From what I hear there is still demand for coyotes and some other fur in China.

[TrapperMike]

Those buyers that are used to the Nafa grading system should have no problems since that is the system that is being used at the auction. As for worries of no future auctions, FAH is already in the process of setting up future auctions. Just have to work around courvid-19 situation. As for demand, buyers are showing that there is a need for our furs and they want more auctions. FAH said they were quite surprised that they have more buyers at this auction than they had planned for. Lots of last minute buyers to the sale.

[Marty S]

Many watchers if nothing else.

Hopefully lotsa bidders on the last day.

...if nothing else.

[Big Grey Wolf]

Just a thought with Canada Goose sewing protective equipment for Covid-19, not lot of need for our coyotes. Nobody going out in cold now needing a good parka. Much like our Alberta oil industry, being hammered from many directions. I will just be happy if fur sells almost at any price.

[tikka250]

Fur is a luxury item and when the whole planet is in lockdown there is not a lot of people buying luxury items. My guess is that prices will be way down.

[Saskfly16]

Look at the market boys. Coon is going to cost the same as a barrel of oil!!


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[HunterDave]

Well, the auction has ended and I haven’t heard any doom and gloom so I’m going to take that as a positive.

[Saskfly16]

Waiting for the prices to be posted. Honestly if they sold anything at a decent price and clearance in this market my hat goes off to them.


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[Marty S]

It sounded like the cross fox and arctic fox did ok. The shearable beaver very well too. You beaver guys better get busy chopping ice before the beaver bellies turn red.

One very reliable source said the values were too high and the very willing coyote buying community did not bid. Cheaper goods like semi coyotes, even some easterns found homes. Sounded like one lot of ten skins brought $165 UDS, otherwise little interest in the first half of the coyotes, where all the good ones fall. Probly not the best time to push the market when we could likely be on the cusp of a potential economic meltdown.

A day ago supposedly no interest in lynx, red fox, marten, fisher.

I guess we’ll wait for the report. Maybe they’ll spend a few days on the phone selling goods PT?

In the meantime, warm up them jet boats and polish up your .22 Magnums! Hopefully there’ll be a full fledged auction very soon and goods sold openly to see what willing bidders are willing to pay, and try to rebuild our industry, apart from the coyotes. The Hydroxychloroquine news sounds very good and could help our stock markets as well as the new oil discussions.

[kingrat]

Yes heard they held the line with the better coyotes, what the price differences were or what they wanted? Well that's top secret.

[Marty S]

Most articles pretty tough right now

[wolfcrazy]

April 3, 2020

Online Auction Update

Fur Harvesters online auction concluded at 17:00 Eastern Standard Time, April 2nd, 2020. This was our first attempt at hosting an online auction and it was put together in a very short time by a couple of very competent staff here at FHA. These are certainly unprecedented times which called for unprecedented action in order to facilitate a way to get some goods sold for our shippers and supply product to the manufacturers.

We valued all goods at levels we felt were realistic and thresholds were established for each species to insure all goods sold were within reason of our advertised values.
Going into this it was apparent that a strong clearance on all species would not likely happen. As many wild fur articles are so varied that to expect buyers to take big buying positions and bid on large volumes of goods sight unseen was not very realistic. Also several articles and in some cases sections within individual articles are very dependent on the buying power of Italy and Korea. Both these countries have been and continue to be hit very hard by the COVID-19 virus. The majority of the buying of TOP section western coyotes has been dominated by the Italians for many years as is the case with sables in Korea. We went into this ten day online auction knowing that the top goods would be very difficult to sell sight unseen, and with important fur buying countries being in lock-down. This was the case for the top western coyotes, sables, lynx cats and lynx.

However several articles did do very well on price and clearance. Beaver, eastern coyotes, big sizes of heavy raccoon and commercial muskrats all sold well thanks to strong North American and Chinese support.

Once the COVID-19 virus has subsided and the world opens up to travel, the global fur trade is solidly committed to attending our next auction. When this will be is a question I cannot answer at this moment. However we did advertise a May 30th to June 2nd, 2020 auction and this remains a possibility if the virus becomes manageable. If not we would hope for a September auction, which has been strongly recommended by many of our top buyers.

Our results will be posted early next week and the sold lots in the catalogue will be as well.

What is the priority now is that we all keep ourselves and our loved ones safe and when the world gets back to normal so will our operation.

Respectfully,
Mark Downey
Chief Executive Officer
Fur Harvesters Auction Inc.
__________________________

Le 3 avril 2020

Mise à jour de l’enchère en ligne

La vente aux enchères en ligne de Fur Harvesters s'est terminée à 17h00, heure normale de l'Est, le 2 avril 2020. C'était notre première tentative d'organiser une vente aux enchères en ligne et elle a été organisée en très peu de temps par quelques membres du personnel très compétent ici à la FHA. Il s'agit certainement d'une période sans précédent qui a nécessité une action sans précédent afin de faciliter la vente de certains produits pour nos expéditeurs et la fourniture de produits aux fabricants.

Nous avons évalué tous les produits à des niveaux que nous jugions réalistes et des seuils ont été établis pour chaque espèce afin de garantir que tous les produits vendus étaient conformes aux valeurs annoncées.

En y allant, il était évident qu'une forte clairance sur toutes les espèces ne se produirait probablement pas. Comme de nombreux articles en fourrure sauvage sont si variés qu'il n'était pas très réaliste de s'attendre à ce que les acheteurs prennent de grandes positions d'achat et enchérissent sur de gros volumes de marchandises. De plus, plusieurs articles et, dans certains cas, des sections d'articles individuels dépendent fortement du pouvoir d'achat de l'Italie et de la Corée. Ces deux pays ont été et continuent d'être très durement touchés par le virus COVID-19. La majorité des achats des plus beaux lots de coyotes de l’ouest est dominée par les Italiens depuis de nombreuses années comme c'est le cas avec les martres pour la Corée. Nous sommes entrés dans cette vente aux enchères en ligne de dix jours en sachant que les meilleurs produits seraient très difficiles à vendre vu que d'importants pays achetant de la fourrure étaient bloqués. Ce fut le cas pour les meilleurs coyotes de l’ouest, les martres,les lynx roux et les lynx canadien.
Cependant, plusieurs articles ont très bien réussi en matière de prix et de liquidation. Le castor, les coyotes de l'Est, les ratons laveurs lourds de grande taille et les rats musqués commerciaux se sont tous bien vendus grâce au fort soutien nord-américain et chinois.

Une fois que le virus COVID-19 aura disparu et que le monde s'ouvrira pour voyager, le commerce mondial de la fourrure s'est fermement engagé à participer à notre prochaine vente aux enchères. Quand ceci arrivera est une question à laquelle je ne peux pas répondre pour le moment. Cependant, nous avons annoncé une vente aux enchères du 30 mai au 2 juin 2020 et cela reste une possibilité si le virus devient gérable. Sinon, nous espérons une vente aux enchères de septembre, qui a été fortement recommandée par bon nombre de nos meilleurs acheteurs.

Nos résultats seront publiés au début de la semaine prochaine et les lots vendus dans le catalogue le seront également.
La priorité est maintenant que nous nous gardions tous, nous et nos proches, en sécurité et que le monde redevienne normal ainsi que celle de notre opération.

Respectueusement,
Mark Downey
Directeur Général
Fur Harvesters Auction Inc.

[Saskfly16]

Keep it up boys just making some popcorn. Best thing on the internet, till the FHA prices get posted.


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[wallydog]

Originally Posted by Saskfly16

Keep it up boys just making some popcorn. Best thing on the internet, till the FHA prices get posted.


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haha

[Marty S]

Originally Posted by Saskfly16

Keep it up boys just making some popcorn. Best thing on the internet, till the FHA prices get posted.

Naa... the numbers suck. This is gonna be waaaay better!

Mind you they are busy trying to sell goods PT right now. But we suddenly find ourselves in a relatively bad market landscape. So lets go back to popcorn!!!

One of the very best things you can fo with popcorn:

- butter it up sufficiently/excessively
- salt it up sufficiently
-pour sugar all over it
-mix all ingredients

Serves 1

[Marty S]

Im makin me some popcorn tonite!!!

[South west trappin RG]

Someone has been day drinking again the show will get real good latter tonight. To bad I will be in bed an have to wait for the morning to read the rants. Mabe I will make some popcorn an stay up for this one. How do I like Trappers to get screwed Dave? I donate time an money for the Trappers in Alberta all the time.

[Powder monkey]

Getting low

[coyote_man]

Take it easy with the popcorn dressing as those skins were easier to deal with than dragging the real thing back to the truck as in years past.Those milestone birthdays also cause us to pack extra luggage.

[Saskfly16]

Amazed they sold anything at all with a global pandemic on.

My prices where down about 20% and averaged a 50% clearance.

Considering the state of the world I will take it.

Rest of my fur is in the freezer.


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[Rvsask]

According to my math, I only sold 38 % of my coyotes and 0% of the damn fox that ran into my snares. People freezing their current batch of dogs, are you wrapping them individually in plastic or in bundles?

[Saskfly16]

Have mine dryed ready to go so just put them in the freezer pressed between cardboard.

If that’s wrong someone let me know. First year I’m carrying over dried pelts.


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[TrapperMike]

Having trouble finding auction results.

[kingrat]

Only personal results for now.

[Marty S]

Anybody git a $165 USD kiyute?? If you did, condider yourself the winner. Unless they PT the top lot yet?

Davey, did you?

No idea what colour, must have been a I or a I-II. Could have been from anywhere

[HunterDave]

A whopping 13 of my coyotes sold. Two GOOD II A-B, two II A-D and all 9 of my DGD. Those were the only coyotes that had a grade with an A in it. I guess that A graded Yotes were preferred. Unfortunately, they are mainly all dark around here. The only silver lining besides all my DGD Yotes selling is getting a $46 average for them......I’ll take that all day long.

Zero fox sold.....5 of 7 muskrats sold......7 of 10 beavers sold (I’m not sure why half of them graded Eastern )

I was hopeful for the auction results but not very optimistic given that it was an online auction that they threw together at the last minute. Hopefully, for the next auction they can, at the very least, ship out sample pelts to buyers like NAFA did last year. Obviously, buyers being able to inspect the fur would be best but i’m Not sure that’ll happen anytime soon.

[trigger7mm]

Had a friend of mine sell 14 coyotes and a fox to Halfords yesterday. She is just starting out and is still fairly inexperienced in the ways of the fur buying world. She got $700 for the lot. Another buddy of mine saw her coyotes before she sold them, and said there were some $160 dogs in that bunch.

[Big Grey Wolf]

Trigger hear you but last years $160 yotes are probably $80 yotes now with loss of NAFA and on-line FHA sales to limited Corona market. Also Canada Goose sewing masks now instead of high end park's.

[TrapperMike]

Not good trigger. Fox was not worth anything. So averaged $50 per coyote. Dave averaged $65 for his damaged coyotes at the sale.