Anyone that has trapped for any length of time,has seen these type of markets before.
The crash of 87 sent fur prices tumbling. In th last 20 years,I have sold put up beaver for as low as $4.97 average.Put up rats for 97 cents each--average.Coon for 2 bucks each.Then you have the other end of the spectrum--otter from 100.00 to 200.00 each,$10.00 rats,40.00 coon.
The fur industry is a funny thing as are those that participate in it.Many are ---trappers,only when the fur prices are sky hi.Others will trap every year--regardless of fur prices.
Many were not going to trap this season , because of $4.00 a gallon gas.LoL,bet they didnt trap with $1.50 a gallon gas either.
The markets will rise again,but --they are sure to bottom out in the future,also.The fur market is a roller coaster ride--you will not get your thrills--unles you buy a ticket.
Tom