I have been getting word the last few days of a legal matter in China dropping the bottom out of the coon and rat market. Sounds like speculation buyers are cutting their prices to less than half of their early prices.
The good news is this is supposed to be confined to the coon and rat market.
It is hard to say what will happen at the spring auction for the guys that put up their own fur. Speculation buyers tend to be a little quick on the trigger so they lower their risk as much as possible.
Anybody else have any info about this?