Wild Weather
Hello to one and all
I hope that all of you have survived the wild weather we have had over the last week. I have had lots of conversations with hunters all over the country about how difficult it has been recently to get out on the hill. One of our hunters arrived at our base several days ago with a harrowing tale of fording wild rivers and traversing dangerous slips to get out of the bush, a little poetic licence I think. On a more serious note as all those who work in the field know possum hunting is very dependent on the weather, and I know that there will have been times over the last week or so that some of you my have found yourselves in genuinely hairy situations. We all know that this goes with the territory, but take care we need you to keep catching possums
The market update this week remains similar to our last post. Demand is still weak and we expect it to remain so for the rest of the year. Things will change when demand from offshore picks up, but any movement in this regard is very dependent on the exchange rate. The stronger our currency is against the US dollar the more constrained export demand will be, lets hope the Americans can get their house in order and get their currency sorted.
The fur price seems to have settled down a bit in the last couple of weeks. The current price of $110/kg should remain the benchmark for the rest of the year. We are firmly of the opinion that any further pressure from markets to lower the price paid to hunters will have a very negative affect on the supply chain, and will continue make every effort to ensure that the price remains stable.
That's it for now ,please let us know your thoughts and issues in the coming weeks,you never know we may be able to
help.
All the best
Steve and Sue
I hope that all of you have survived the wild weather we have had over the last week. I have had lots of conversations with hunters all over the country about how difficult it has been recently to get out on the hill. One of our hunters arrived at our base several days ago with a harrowing tale of fording wild rivers and traversing dangerous slips to get out of the bush, a little poetic licence I think. On a more serious note as all those who work in the field know possum hunting is very dependent on the weather, and I know that there will have been times over the last week or so that some of you my have found yourselves in genuinely hairy situations. We all know that this goes with the territory, but take care we need you to keep catching possums
The market update this week remains similar to our last post. Demand is still weak and we expect it to remain so for the rest of the year. Things will change when demand from offshore picks up, but any movement in this regard is very dependent on the exchange rate. The stronger our currency is against the US dollar the more constrained export demand will be, lets hope the Americans can get their house in order and get their currency sorted.
The fur price seems to have settled down a bit in the last couple of weeks. The current price of $110/kg should remain the benchmark for the rest of the year. We are firmly of the opinion that any further pressure from markets to lower the price paid to hunters will have a very negative affect on the supply chain, and will continue make every effort to ensure that the price remains stable.
That's it for now ,please let us know your thoughts and issues in the coming weeks,you never know we may be able to
help.
All the best
Steve and Sue
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