RESULTS
SALE DECEMBER 16, 2003
Canadian Dollars

Fur Harvesters Auction's December 16, 2003 sale was the first of the 2003-2004 selling season. A renewed interest in beaver quickly became evident as soon as the bidding opened. At this time last year, Canadian shippers were benefiting from a 1.52 US/CDN exchange rate, where as now, the rate is pegged at 1.27 US. The 21% price increase for beaver was offset for Canadian shippers due to the drop of the exchange rate.

US shippers will realize a full 21% increase in beaver prices over last year. As well, US prices on otter, mink, fisher, lynx, and raccoon improved over last December, while prices for coyote and red fox were slightly weaker as anticipated. Clearances on important items were very strong, indicating a healthy advancing market.

Eastern Beaver Part Lot Details - Top Price Select Lot - $57.15
Eastern Section I - $25.23
Section III - $11.12

BEAVER

0-1

2

3

4

5

6

7

I & II HVY

53.34 - 57.15

41.91 - 43.18

30.48 - 33.02

24.76 - 26.67

20.95 - 21.59

-

-

SEMI

35.56 - 39.37

36.83 - 38.10

26.67 - 29.21

23.49 - 24.13

16.51 - 19.05

7.69 - 9.52

5.08

LT

30.48 - 34.29

27.94 - 29.21

24.76 - 25.40

20.32 - 21.59

17.14 - 18.41

6.35 - 9.52

unsold

GD SLT HVY

-

-

-

19.05 - 24.13

17.14 - 22.22

8.89

unsold

GD SLT

35.56 - 40.64

30.48 - 35.56

25.40 - 26.67

16.51 - 17.14

15.87

5.71

-

SLT DGD

21.59 - 27.94

20.95 - 25.40

18.41 - 22.86

14.60 - 17.14

11.48 - 14.60

3.04

-

REG SLT

17.14 - 20.95

15.24 - 22.22

12.70 - 19.05

6.35 - 7.62

12.70 - 14.60

3.17

-

II

-

-

11.43

5.08

5.08

unsold

-

GD DGD

17.14

12.70

8.25

6.35

3.81 - 5.08

2.54

unsold

IV & DGD

unsold

unsold

unsold

3.17

2.54

unsold

unsold

Raccoon Details - Section I

RACCOON

MINN/WISC

ONTARIO

MICHIGAN

EASTERN US

IOWA

WEST SEMI

% SOLD

100%

100%

96%

97%

90%

93%

TOP

$34.29

$34.29

$26.67

$25.40

$27.94

XXXL-XXL - $20.95

AVERAGE

$18.97

$16.95

$16.77

$15.41

$21.10

$18.70


Specie

Offered

% Sold

Average

Top
Quote

Beaver

19,754

99% P/L

Overall - $22.80

$57.15
Strong Demand

Wild Mink

4,206

99%

$15.49

$20.95
Renewed interest

Sable
Not offered - to be offered in our February 14, 2004 sale

Otter

683

100%

$110.64

$171.45
Excellent demand for early collection.

Fisher

740

100%

$36.01

$53.34
Excellent demand

Lynx

228

99%

$124.90

$203.20
Good demand

Lynx Cat

141

75%

$65.49

$139.70
Fresh skins held for next sale.

Muskrat

70,979

40% P/L

n/a

$6.98
Limited demand

Raccoon

46,921

95%

Overall - $16.14
III Section - $7.32

$34.29
Good demand with excellent clearances.

Coyote
1,593
90% Western: $46.35 P/L
Eastern: $37.52 P/L
$63.50
Slight decrease.

Red Fox

1,763

70%

$30.36

$55.88
20% weaker

Cross Fox

117

80%

$44.11

$60.96
Good demand

Arctic Fox

49

70%

$29.13

$38.10
10% stronger

Timber Wolf

96

40%

-

$222.25
-

Grey Fox

1,133

100% P/L

$19.57

$26.67
Excellent demand

Black Bear

172

50%

$69.85

$152.40
-

Nunavut Hairseal

10,461

75%
$44.78 $69.85
-

Next Sale: February 14, 2004
Last Receiving Date in North Bay is January 10, 2004.

From all of us in North Bay, have a very Merry Christmas
and a healthy, prosperous New Year.

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