Fur Harvesters Auction has released the results of the sale they held earlier this week. While clearances remained high, prices did drop a little on most species.
The declining prices were not unexpected. Trapper & Predator Caller‘s fur market expert, Serge Lariviére, predicted the downward trend in his most recent Fur Market Report, which appears in the June-July 2013 issue.
“Enthusiasm is expected to remain very strong, but the feeling is that prices should ease downward a little from what we just experienced,” Lariviére wrote. “Although we can only speculate, most agree that a 10 to 15 percent reduction in prices is likely to occur at these coming sales. Some species such as muskrat are expected to continue as strong as before, but a slight downward adjustment might also affect this species. Decreases are never fun, but then how can we complain when our muskrats still average more than $10 apiece? Like I have said before, enjoy it while it lasts.”
The next international fur auction will be held by North American Fur Auctions from Tuesday, May 28 to Tuesday, June 4. Trapper & Predator Caller will post the results when they are available.