Blog

2016-2017 Fur Season

As the new trapping and hunting season is about to begin, we are working to discover the real market for wild fur. We have been marketing wild fur aggressively by establishing new means of making wild fur readily available to the end users . What have we discovered about demand?  We have seen a moderate rise in the prices...
continue reading

End of 2015-16 Season

The 2015-16 fur season is coming to an end in Forreston. This time of year we finish processing our fur and grading. We have finished scraping our beaver from our spring pickups. Beaver are normally the last fur to be processed in Forreston. We have seen a good flow of fur being shipped to us which comes from all...
continue reading

GFW is Getting Ready For The Start of The Fur Buying Season.

We will be posting our routes soon.  We will be covering the same area as last year with minor adjustments to the stops and times. Fur Market Market: The international fur market has seen the ranch mink and fox prices drop significantly at the September auctions(Copenhagen and Helsinki). There is a fur market, but at reduced prices. 1) The reduction...
continue reading

A Furbuyer’s Suggestion to a Trapper This Season

Target prime raccoon, which means starting later in the season. In North Iowa and Central Wisconsin the larger bore raccoon are prime around the 10th of November.  In Northern Illinois, Southern Wisconsin and Central Iowa the larger raccoon should be prime just before Thanksgiving.  Trappers south of I-80 should wait to start trapping until after Thanksgiving.I know there are...
continue reading

GFW Preparing for 2015-2016 Fur Season

Groenewold Fur and Wool is busy this summer actively working in promoting and developing the market for wild fur.  We actively buy, sell, grade and process wild furs in our Forreston factory 52 weeks out of the year with a  goal  to serve the U.S wild fur industry. What we are doing? SELLING We are aggressively selling  at the new market levels...
continue reading

Fur Market Update

Fur markets continue to clear ranch mink at profitable levels for American Ranchers.  However Chinese ranch mink, which are inferior and cheaper, continue to hamper price recovery in many wild furs.  Most of this is a result of the Russian problem.  It is very difficult to predict next year’s price levels, but we remain positive.  We are making every effort...
continue reading

Russian Financial Collapse

The Russian Ruble has plunged 50% this year; almost 10% just today.  This has forced us to reduce prices on everything except coyotes.  Presently, we cannot sell and likewise the market is totally uncertain.  We will continue to buy, but we must do so very conservatively until we find a market.   If something positive happens anywhere we will be...
continue reading

News Re: China

1) China’s retail season is underway. Chinese domestic markets will test retail sales with lower fur prices. If the lower finished product prices help reduce inventories this will encourage the market. We will see what items will be demanded. .  2) The recent legal issues of up to 30 people (in the Chinese fur industry) could make buyers back away...
continue reading

OPEN HOUSE — Northwest Iowa Fur Exchange, Spirit Lake, IA

October 11th  9:00 am – 2:00 pm Here is your chance to meet Ron Leggett giving a canine demo at Northwest Iowa Fur Exchange in Spirit Lake, Iowa at their open house; October 11th  9:00 am – 2:00 pm. Also, Kendall Obermeier will be giving a coon and mink demo. Trapping supplies, lures and bait will be available. Lunch will be served....
continue reading

Market Factors

Some factors in the current market situation for wild furs: 1)  Weather: Cold weather in Russia helps improve movement of raccoon garments. 2)  Weather:  Cold weather in China will help move the large volume of mink skins. 3) Copenhagen Auction Results in September:  Steady or increasing mink prices could represent a stabilization in the fur market versus uncertainty if...
continue reading
1 of 212
Back To Top