Real Price Trends. This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. Locally Owned and Operated. Below, you can find relatively current 2020 timber prices and comments regarding different timber markets around the U.S. A lot of landowners in the Southeast and West Coast even saw catastrophic events destory their mature investment. Average stumpage prices are calculated from actual timber sales as reported by more than 60 cooperators active in the East Texas timber … Building Products: October Offers Extended. COVID-19 along with wet weather has created a situation where wood mills are full of inventory and don’t need to buy additional inventory. These are stumpage prices, which reflect the value of standing timber (not delivered prices). 13 were here. Shop our highly-figured lumber at Northwest Timber. Timber values in the Northwest have rebounded significantly as the economy improves and operators move to secure timber … Which means that, in much of the world, they’ve lowered quotas or even stopped taking wood altogether. Saw Log NOTES: ALL SAW LOGS REQUIRE 6″ TRIM. Timber Hardware. In 2008 a lot of landowners held onto their mature timber (ready to be harvested) due to suppressed markets and did not pursue a timber sale for almost a decade. The rebounding market for Pacific Northwest logs has raised questions about the timber industry’s ability to keep up with demand, experts say. If mills need wood, prices go up. Timber prices are directly affected by the forces of supply and demand. Southeastern Average Stumpage Prices - US$/ton; current one year ago ten years ago; 4Q20 4Q19 up/(dn) 4Q10 up/(dn) Pine Sawtimber: $24.03 $23.95 $0.08 Mafdil Timber And Hardware. The late 1990s saw a movement of the lumber industry out of the Northwest and into the South, 53 5th Str Albertskroon Northcliff. A lot of loggers, especially those struggling financially, could see the same market forces at work that squeezed them out of business in 2008. September 18, 2020. We live in California and owned a tract of Oregon timberland, with a lot of merchantable timber; that we wanted to sell. Nominal Price Trends. I contacted a relative in Oregon, who was in Real Estate, and asked for a referral. Since 2009, delivered Douglas-fir sawlog prices doubled, while Southern pine sawtimber prices dropped about ten percent. The impacts of holding on to mature inventory were two-fold: Ironically, when a large percentage of landowners don’t harvest their mature timber, as they chose to do between 2008 and now, the market is negatively impacted to an even greater degree due to the spike in unharvested or excess inventory. Click for specs and prices. After peaking at $582 per 1,000 board feet in May 2018, the price of Douglas fir is down to $390 this month, according to Nasdaq commodities data, and experts are unsure of what to expect next. If mills don’t need wood, prices go down. Luckily for this industry, forestry jobs and services are considered essential, so many of us have been able to continue working. Notify me of follow-up comments by email. Data sets include lumber and plywood production and prices; timber harvest; employment in forest products industries; international trade in logs, pulpwood, chips, lumber, veneer, and plywood; log prices in the Pacific Northwest; volume and average prices of stumpage sold by public agencies. These graphs are intended to describe general trends in the timber market and ignore specific timber tract variation. Log exports to the Pacific Rim began in earnest after the Columbus Day Storm of 1962 generated billions of board feet of salvaged timber. © 2013–2021 North West Timber Treatments Ltd. Forecasting Pacific Northwest Sawlog Prices This post contains an excerpt from the Q1 2019 Forisk Research Quarterly feature article. Follow your management plan and harvest mature timber. Strong exports to Asia and the recovering housing market have boosted log prices and harvest levels since the depth of the timber downturn in 2009, according to analysts at a recent industry conference. So, what should landowners do in times like these? Couple this lagging effect from unharvested timber with a lower consumer demand and Chinese tariffs and you’ve got a recipe for static timber prices or in some cases, lowered prices. These curtailments, along with recent setbacks in forest product prices and improving summer weather, will cause Douglas fir delivered log prices to retreat closer to the $600/MBF level. © 2021 Timber Update, LLC. Northwest Timber specializes in highly-figured hardwood lumber, such as Quilted Maple, Figured Claro Walnut, and Oregon Myrtlewood. Your email address will not be published. He consulted his associates and recommended Northwest Forest Properties. WHITE ASH 8′ 6″, 12’6″, 16’6″ LENGTHS preferred. Summarized timber price information specific to Arkansas is provided by Timber Mart-South. Northwest Management, Inc Northwest Management Inc. is a leader in forestland and environmental management, providing expertise in forestry, technology, wildfire, water resources, wildlife, hazard management and planning. And since supply and demand is usually on full display in timber markets, a greater supply means that there is lower demand. The stumpage prices on individual pieces of forest land will differ from averages based on a variety of factors including micro and macroeconomic factors, the quality of timber, the internal road system and the condition of the land, and the time and distance to mills with a need for specific species. Timber Prices: 10 Year Trends for Northwest Pennsylvania. Located in Eugene, our core area for forest land sales includes Lane, Douglas, Benton, Linn and Lincoln Counties. If you’re supposed to thin, thin. VANCOUVER, Wash. — Log markets probably won’t fluctuate as wildly in 2020 as during the past few years, but the Northwest timber industry can expect political volatility, experts say. i Published stumpage price data in the United States is for the most part derived from sales of public timber. Timber Price Information and Contacts. MBF = Thousand Boardfeet. Save my name, email, and website in this browser for the next time I comment. The timeframe for the tool is the current month plus the next two months. 3rd Floor Ascot Park 3 Ascot Street Durban. Information as of December 15, 2020. Northwest Management, Inc., specializes in intensive merchandising and marketing of forest products to capture optimum value.