MAJOR CHANGE COMING TO AUCTION PLAYERS

If you have followed this market report for a while, you are well aware of how tough the conditions have been in the fur world. After a spectacular year in 2013, with record prices for almost every species we trap, we began a descent caused in great part by a world over-production of ranch mink, a flooding of the retail market (the “demand”) by an over-production (the “offer”) of ranch mink that at one point reached around 100 million skins produced in a single year.

Yes, you read that right: 100 million ranch mink skins produced within a single calendar year all over the world because it was extremely profitable. To make things simple, the cost