Monday, 19 April 2010

Buhwhat?

So trapping is on the rise again in the lower Yukon. Cool. I like that. It's been rare for too long, and it's work, but it's work that'll keep you busy. But, then there's this article in the Tundra Drums that's saying "Fur prices are high." Huh? Where?

In Feb 2007,  Lynx was selling for an average of $175, in Feb of 2008, it was selling for an average of $281. But in 2009, the price dropped to ~$100 at auction. It's inched back up to $125. This is not a strong market. If you don't believe me, you can read the sale results yourself from the FHA.

On an anecdotal front, I know a few guys who are sitting on their lynx, not selling them. They're waiting for prices to go up more so they can recover more cost on them, especially given the price of fuel.

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