Dr. Jacobson's 3rd Quarter 2011 Comments
Posted: November 21, 2011
This may be the worst I’ve seen average stumpage prices since I’ve been reporting. The Southeast remains the only bright spot. When average prices for all species in Southeast exceed those in the Northern tier counties, except for Black Cherry, we know there is a problem. The Northwest and Southwest are not only suffering from the poor economy, but the rapidly expanding natural gas industry is taking jobs and income away from the forest sector.
