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Namibia: Exceptional Prices At Karakul Ram Auction

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Following the exceptional prices paid for karakul skins during the Copenhagen Fur auctions on 2 April, local Swakara producers now see the higher demand also translate into higher prices for good breeding stock. At a recent Agra auction, farmers obtained from buyers looking at improving their own karakul breeding material.

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An average price of N$6515 per ram on offer was paid during the Elite ram auction in Keetmanshoop on 6 April. The highest price recorded was N$17000 for a black karakul ram sold by Lovedale Farming CC and purchased by Hartebeesloop Farming from Stampriet. The highest bid for a white karakul ram was N$12000, which was offered by local breeder, Hartebeesloop Farming. The prices for rams are amongst the highest ever paid for breeding material in the karakul industry, and follow the exceptional prices obtained at the pelt auctions in Kopenhagen. According to Pieter Hugo of Agra, at this auction breeders were prepared to pay the equivalent of 15 pelts per breeding ram, expressed on prices obtained at the latest pelt auction.

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