Notify me of follow-up comments by email. 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. How Does a Soaring Lumber Market Impact Timber Prices? Follow your management plan and harvest mature timber. Below, you can find relatively current 2020 timber prices and comments regarding different timber markets around the U.S. Whatever your management plan say do, do it. Lumber futures edged down to below $620 per 1000 board feet in the fourth week of November due to regular seasonal slowdown. Individuals interested in buying and selling timber can use this report to … Since rolling out our flagship Delivered Wood Raw Material Price Benchmark for the US South in 2006, Forest2Market... Several factors have combined in the US Northeast over the last decade to negatively impact the region’s forest... North American lumber prices bounced on the heels of the Labor Day weekend. These are stumpage prices, which reflect the value of standing timber (not delivered prices). Prices are based on an average calculated from a sample of timber buyers across the U.S., and only intended to provide an estimate of trends and current prices. © 2020 Timber Apps, LLC. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. North American Softwood Lumber Prices Steady Despite Market Uncertainty. Case in point: if your timber grows near several mills, it may command a higher price than if it were located further away from those mills. A lot of landowners in the Southeast and West Coast even saw catastrophic events destory their mature investment. Timber sales may be affected by many factors including: Summarized timber price information specific to Arkansas is provided by Timber Mart-South. But how long will it last? And since supply and demand is usually on full display in timber markets, a greater supply means that there is lower demand. 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. Texas Timber Price Trends is a bi-monthly publication reporting average prices paid for standing timber and gate-wood in Texas. Timber Prices. The modern forest supply chain is without guidance for operating in the current pandemic-driven economic... Continue Reading. However, with the continual pressure of Chinese tariffs and decreased consumer demand at home, we’ve gotten a lot of reports that many mills across the U.S. are dramatically slowing production. Explore Forest2Market's Interactive Business Intelligence Platform. Because reported lumber prices are based on actual sales and purchases, the Weekly Lumber Price Report from Forest2Market is the most accurate and precise southern yellow pine lumber pricing available in the market. PNW Log & Lumber Prices: 1Q2020 Update . If you’re supposed to harvest, then harvest. Pine Pulpwood: Driving the Southern Timber Price Rebound, Surplus of Beetle-Damaged Timber Impacting European Forest Industry, Southern Timber Prices Continued to Slide in 3Q2019, Forest2Market's Delivered Price Benchmarks Now Available on SilvaStat360 v.2. *Prices shown are based on per ton stumpage price. LENGTHS; RED OAK Prime, Select and #1 logs 8’6″, 9’6″, and 12’6″ LENGTHS preferred. Why? 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. Prices updated November 23, 2020. Subscribe to Forest2Market's email updates, right in your email, North America - Charlotte Headquarters+1.704.540.1440. We’re halfway through 2020 and what a wild ride it’s been for all Americans. Winter Precipitation Trends: Will Timber Prices be Impacted? How Much Money is an Acre of Timber Worth? ©2020 Forest2Market, INC. All Rights Reserved. Save my name, email, and website in this browser for the next time I comment. Often, the larger the sale, the higher the price per unit of wood that can be offered. How Has COVID-19 Impacted the PNW Forest Sector? Saw Log NOTES: ALL SAW LOGS REQUIRE 6″ TRIM. Which means they held onto a mature investment for nearly 10 years without replanting and allowing a new investment to grow. Winter Precipitation … If you’re supposed to thin, thin. February 13, 2020. Current: Timber Price Information and Contacts; Timber Price Information and Contacts. 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. Landowners who would’ve otherwise replanted and thinned a new crop of timber lost a decade of new growth, Available forest inventory artificially exploded due to landowner’s unwillingness to sell and. From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry. For the Weekly Lumber Price Report, Forest2Market collects actual orders and invoices from subscribers, then aggregates that data and reports it back to subscribers. This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. Well…. So, what should landowners do in times like these? Raw material price volatility is perhaps the single biggest enemy of successful budgeting for manufacturers. All rights reserved. For the Weekly Lumber Price Report, Forest2Market collects actual orders and invoices from subscribers, then aggregates that data and reports it back to subscribers. While prices in the state or region reflect the typical rate, local market conditions are more consequential. Your email address will not be published. Prices are based on an average calculated from a sample of timber buyers across the U.S., and only intended to provide an estimate of trends and current prices. Click for specs and prices. These prices represent statewide averages for pine and hardwood timber products. Luckily for this industry, forestry jobs and services are considered essential, so many of us have been able to continue working. Below, you can find relatively current 2020 timber prices and comments regarding different timber markets around the U.S. February 17, 2020. *Prices shown are based on per ton stumpage price. Can Georgia/Florida Market Handle Impacts of New Timber Demand? It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. Stumpage Sales Slump: Will History Repeat Itself? As Forest2Market data has confirmed over the last several years, log and lumber prices in the Pacific Northwest... Continue Reading. Madison’s... We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain. SAW LOG PRICES. Your email address will not be published. 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. Required fields are marked *. This report is intended only as a guide to general price levels. Timber Prices. Interactive Business Intelligence Platform, Explore our company news and award-winning blog. Manage Raw Material Price and Plan for Success During Budgeting Season. Southeastern Average Stumpage Prices - US$/ton; current one year ago ten years ago; 3Q20 3Q19 up/(dn) 3Q10 up/(dn) Pine Sawtimber: $22.50 $23.64 ($1.14) WATCH: Timber Market Expert Analyzes Developments in Florida/Georgia Wood Basin, Southern Timber Price Update: Pine & Hardwood Products Diverge in 1Q2020. What’s Driving Delivered Prices Higher in the Northeast? Which means that, in much of the world, they’ve lowered quotas or even stopped taking wood altogether. Get the latest Lumber price (LBS) as well as the latest futures prices and other commodity market news at Nasdaq.