2014 2nd Quarter
2nd Quarter 2014 TMR is up and can be accessed by clicking the above link. Dr. Jacobson's comments: Prices for the 2nd quarter 2014 remained steady, albeit grade lumber demand slowed due to a sluggish housing market going into summer. Industrial timber demand remains strong. The only major shift was the drop in cherry prices in SW region. Not sure why. Probably a symptom of the survey. Remember, our survey is based off a relatively small sample of timber sales, so use the prices at your discretion - every forest is different.
2014 1st Quarter
1st Quarter 2014 TMR is up and can be accessed by clicking the above link. Dr. Jacobson's comments: Sustained upward price trends are now clear over the last year. In the past few years, it’s been a lot of ups and downs with slow market progress. Post-recession, there is now plenty of timber on the market. The question is whether supply build up leads to prices leveling off.
2013 4th Quarter
4th Quarter 2013 TMR is up and can be accessed by clicking the above link. Dr. Jacobson's comments: This is the first quarter in a long time since I've seen sustained strong price increases. Decent weather, bulking up yard inventories, and strong export demand were key drivers. The word is that prices will stabilize as we move into 2014.