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Higher prices not necessarily good news for fur industry

Higher prices not necessarily good news for fur industry

by Final Nail | Jun 6, 2026 | Fur auction house, Mink farm

The American Mink Exchange auction wrapped-up last week at the South Point Conference Center in Las Vegas. Prices for mink pelts were the highest they’ve been in a long time. The reason is reduced supply not increased demand. Fur farming is a shrinking industry....
What was once the world’s largest fur auction house now sits empty

What was once the world’s largest fur auction house now sits empty

by Final Nail | Aug 9, 2025 | Fur auction house

Kopenhagen Fur’s enormous headquarters outside Copenhagen, Denmark– including auction hall, warehouse, and design studio– is for sale. The building opened in 1963, and hosted its final fur auction in 2024.
How long can fox farmers hang on if they can’t sell pelts for a profit?

How long can fox farmers hang on if they can’t sell pelts for a profit?

by Final Nail | Jun 26, 2025 | Fox farm, Fur auction house

At Saga Furs June auction, demand for fox pelts continued to be weak. Saga, the world’s largest fur auction house, was able to find buyers for only 39% of all fox pelts offered for sale. And according to Saga, the prices they sold for “are still...
Number of mink killed worldwide for fur has declined by 50% since 2020

Number of mink killed worldwide for fur has declined by 50% since 2020

by Final Nail | Nov 15, 2024 | Fur auction house

The number of mink killed worldwide for fur has declined by 50% since 2020. Farms in North America account for more than 10% of the total.

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