Kopenhagen concluded their 10 day sale on Tues.. Results were mediocre in terms of price advances that could affect wild fur $$. Just under 1 million brown females alone. Way too many. Optimism is low for successes on most articles on the upcoming NAFA and FHA sales. A major retreat in oil prices and geopolitical uncertainty add to the downward pressure on the market. The big "wait till the end of season to sell" mentality by the major auction houses, appears to have been a bad call.