As Asian economies continue to expand, so do the tastes of Asian consumers, and as Maria Amante with the Grand Rapids Press reports, a steady increase in the overseas popularity of coats made from muskrat fur has meant Michigan trappers have been fetching higher prices for their catches.
Asian countries are buying raw material for fur garments from Michigan trappers, and muskrats — one of the most popular furs with foreign buyers — are among the most abundant fur-bearing animals in the state.
“The Chinese can’t get enough of them,” said Kevin Syperda, owner of Sy’s Fur Shed, a fur buyer in Pierson. “We call (muskrat) the poor man’s mink.”
Syperda says muskrats defy economics: They are in high supply and their demand is high, yet the price for them is going up for the third consecutive year.
Amante explains that "muskrat pelts fetch as much as $10, depending on quality," and that "trappers, on average, catch between 50 and 100 each season."
-John Klein Wilson, Michigan Radio Newsroom