Timber Market Report: 2015 4th Quarter

October - December 2015
Timber Market Report: 2015 4th Quarter - Articles

Updated: August 8, 2017

Timber Market Report: 2015 4th Quarter

Dr. Jacobson's Comments

Prices remain flat for the most part. A big question is whether domestic demand and housing starts will pick up this spring, as exports have fallen off. Consumer spending in the U.S is showing some signs of strength but the our markets still heavily depend on exports. China's economic concerns and strong dollar influence exports. Interestingly, for the last few quarters the Black Cherry prices in NE are higher on average than the NW. I can't read into it too much but maybe signs of limited high quality Cherry availability in NW.

Stumpage Prices

Northeast

Prices are $ per MBF International 1/4
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$320$447$57421
White Oak$243$356$47018
Mixed Oak$219$313$40718
Black Cherry$423$822$1,22215
White Ash$192$334$47719
Hard Maple$216$371$52614
Soft Maple$151$245$33923
Yellow-Poplar$135$201$2675
Misc. Hardwoods$0$82$1753
White Pine$24$103$1826
Hemlock$19$101$1844

Southeast

Prices are $ per MBF International 1/4
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$419$539$65915
White Oak$323$437$55212
Mixed Oak$310$403$49516
Black Cherry$0$509$01
White Ash$208$321$4343
Hard Maple$299$427$5552
Soft Maple$143$196$24911
Yellow-poplar$250$307$3649
Misc. Hardwoods$138$186$2335
White Pine$82$108$1335
Hemlock$0$100$01

Northwest

Prices are $ per MBF International 1/4
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$292$412$53325
White Oak$236$326$41715
Mixed Oak$187$265$34317
Black Cherry$420$717$1,01438
White Ash$195$289$38331
Hard Maple$228$335$44235
Soft Maple$170$252$33440
Yellow-poplar$97$147$19713
Misc. Hardwoods$26$48$6918
White Pine$29$65$1023
Hemlock$16$52$883

Southwest

Prices are $ per MBF International 1/4
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$230$423$61613
White Oak$179$372$56413
Mixed Oak$147$318$48813
Black Cherry$166$334$50211
White Ash$129$202$2769
Hard Maple$178$314$4509
Soft Maple$142$208$27311
Yellow-poplar$133$198$26310
Misc. Hardwoods$50$86$1217
White Pine$78$97$1163
Hemlock$83$95$1072

Conversion Factors

  • Doyle Price = 1.695 x International 1/4" Price
  • Scribner Price=1.159 x International 1/4" Price

Graphs

Key

Pulpwood Stumpage

Notes

  • No prices are reported for samples with only a single respondent.
  • Ranges are not reported for samples with fewer than three respondents.

Private and Other Public Pulpwood Stumpage

Hardwood Pulp ($/ton)
RegionLowAvgHigh(n)#
NortheastN/A$1.56N/A2
SoutheastN/A$2.50N/A2
Northwest$0.83$2.91$8.9014
Southwest$2.00$3.20$5.005
Softwood Pulp ($/ton)
RegionLowAvgHigh(n)#
NortheastN/AN/AN/A1
SoutheastN/AN/AN/A1
NorthwestN/AN/AN/A1
SouthwestN/A$4.00N/A2

Bureau of Forestry Pulpwood Stumpage

Hardwood Pulp ($/ton)
RegionLowAvgHigh(n)#
Northeast$0.77$5.82$9.1417
Southeast$2.49$5.78$8.019
Northwest$4.14$7.19$12.6817
Southwest$1.90$4.58$6.747
Softwood Pulp ($/ton)
RegionLowAvgHigh(n)#
Northeast$3.30$6.01$8.523
Southeast$6.23$9.63$11.516
Northwest0
SouthwestN/AN/AN/A1