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USDA Reports Increase in Mink Pelt Production
Average pelt price for mink reachest highest mark since 1995. Full Article
The U.S. Department of Agriculture recently released its annual report on mink pelt production in the United States.
In 2004, total mink production increased by 1 percent over 2003, while the cash value of all mink pelts produced in 2004 increased by 21 percent to $124 million, up from $102 million in 2003. Average pelt price increased from $40.10 in 2003 to $48.40 in 2004. That was the highest average pelt price sinced 1995 when mink pelts averaged $53.10.
In all, 2,563,100 mink pelts were produced in the United States in 2004, and 642,100 females were bred to produce kits.
The total number of mink farms in the United States declined by 3 percent in 2004, down to 296 compared to 305 in 2003.
The USDA's complete report on mink pelt production can be read here.