Competition for our Coyotes
Competition to buy our coyotes is getting crazy! It seems like everyone and their dog is a fur buyer these days. It’s getting very competitive right now if you choose to go the fur buyer route. Bushman Inc has recently announced that they’re entering the buying game. FHA has announced that in cooperation with the ATA they are now offering fur pick up in the Edmonton area. Ya gotta like it if you’re a Trapper. Check this out:
https://www.furharvesters.com/pickups/ata.pdf Told ya. :) Quote:
Now I’ll predict that a lot of these buyers are going to disappear as fast as they appeared, or at the very least have to change their business plan. The ones that want or need to make $50/pelt on your best Coyotes to cover their overhead are going to be undercut by buyers that are satisfied with making $20/pelt. Who’s going to sell at $100 average when buddy down the road will give you $110 average? Exciting times indeed! :) |
FHA sent us shipping labels but they are for Halfords, that's not gonna happen. I asked for labels to speed things up at drop off so I'll e-mail them and see if we can get Westlock labels.
Warming up today. Doug |
labels
Dugh, did my fur brought in last Monday to ATA actually go out on Halford labels. Not pleased when I take fur to ATA expect our association to get benefit.
PS I was not impressed with volumes of ALL fur in boxes this year at ATA. |
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"Fur Harvesters Auction Inc is now offering a fur pickup service directly to trappers through the Alberta Trappers Association Depot in Westlock. Arrangements can also be made to have trapping supplies delivered from the ATA store when the pickup is made." |
"Dugh, did my fur brought in last Monday to ATA actually go out on Halford labels. Not pleased when I take fur to ATA expect our association to get benefit.
PS I was not impressed with volumes of ALL fur in boxes this year at ATA." All fur dropped of at the ATA office will be credited to the ATA regardless of who's name is on the tag. I will make sure to send the proper tags ASAP. I would like to thank all the Alberta trappers and the ATA for supporting us and look forward to a great season. Sincerely, Mark Taylor Operations Manager Fur Harvesters Auction NORTH BAY, ON |
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Exciting times.
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I was offered a $118 average on my best pelts. Are you kidding me?! :sHa_sarcasticlol:
I packed them up and sent them all to FHA. Now to wait. :) https://i.imgur.com/IY8wQW4.jpg |
It's the ky-otee gold rush
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Even with such a limited catalog, I think this is a very good sign. I think the private fur buyer bonanza works in the patient trappers favor. If the private buyers snatch up a descent percentage of the supply to satisfy their contracts it leaves the rest of the market fighting over what’s left....a limited supply and a house full of fur hungry buyers at the auction house will likely generate a higher average. Time will tell.
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What I find really interesting about the NDFTA auction is that these are Trapper lots meaning that all of the lots being offered were pelts from specific Trappers. Unlike NAFTA where they grade the fur and put them in amongst other Trappers fur based on grade, Trappers put their own fur in the auction by lots. That means that the top lot of furs that sold were all one trapper’s fur. :sign0068: Catch the right coyotes and put them up well and you get rewarded. That’s my understanding based on what I read on Trapperman.......one Trapper got top lot with 60ish coyotes! Nice payday! :confused0068: |
Competition for our coyotes
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Big buyers talk a big game but they are the first to down grade your dogs to fill their own pockets. There’s a guy by the name Brian who’s been paying 130 avg for coyotes I’ve personally never had any dealings with him but guys sure seem to like doing business with him.
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Competition for our coyotes
Is he out of Wetaskiwin?
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For a recreational Trapper that’s putting up 10 or 20 coyotes per season leaving a few hundred dollars on the table is not a huge deal. Besides, they are doing it as a pastime and the money is secondary imo. For someone putting up 100 coyotes per season that few hundred dollars turns into a few thousand dollars. To each their own, no one holds a gun to your head making you sell. Besides, i’m Not counting my chickens before they hatch. Maybe I’ll do worse at auction. I doubt it though. |
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But yeah, it does sound odd compared to what we’re used to at a big auction house like NAFA. |
Anyone know if Groenewold had a buyer there.
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Anyone know what the commission is we will pay at auction?
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11% plus drumming plus a conversion fee from us to can apparently not sure how much that us. Hopefully now that there business just tripled the bank will give them a better rate on that. You can also ask to be payed in us instead.
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Drumming last year was 1.00 a pelt(long hair only obviously). Not sure what this conversion fee everyone mentions is? Never showed up on my sales receipt. When I run the numbers they just took the sale day USD to CAD exchange rate and payed me out.
They do charge 5 dollars for magazine membership [emoji849] Sent from my iPhone using Tapatalk |
I guess not a conversion fee just a crappier conversion rate than nafa got, just due to volume.
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So 140$ Canadian average at auction is 123.60$ after 11% commission and 1$ per for drumming, not including the shipping charges getting the furs to auction.
Hhmm 120$-130$ average from private buyer doesn’t seem so bad. No fees or charges when they come right to you. |
204 I sold my first batch of 19 to Groeny. 125 avg. 6 at 150, 7 at 125, 4 at 100, 1 at 75 (small), 1 at 50 (rubbed pretty bad). The average doesn’t work out because I refused the first offer and he bumped it to 125. I didn’t have to drive a 660km round trip to Westlock either. I don’t know if I missed it or if things changed but when I was looking at my options I didn’t see a local pickup for FHA.
I’m still considering my options for the rest of my coyotes. I likely left some money on the table but I wanted a payday. This was also prior to the North Dakota auction. It was nice to talk to the grader and I learned a few things also. I also wanted to meet Marty but he didn’t show. |
To each his own. Personally if all I had was a pile of dogs I'd never turn down a 125-130 ave cash in hand. I however had a bunch of bears,beavers,rats,skunks,coons, coyotes,foxes, castor so I shipped everything. I'll wait for one big check hopefully. Plus I like the auction process and i guarentee I have a top lot coyote this year. Lol. Theres always hope.
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Competition
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