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Prices increased slightly overall this quarter across all regions. There was a noticeable decrease in black cherry prices for the Northeast region, with prices returning back to previous levels from earlier in 2017. Respondents shared concerns about growing log exports to foreign markets, specifically China. Penn State Extension recently conducted a survey of Pennsylvania forest products firms to help identify current export trends and better understand how these are impacting the market.
Doyle Price = 1.695 x International 1/4"
Price Scribner Price=1.159 x International 1/4"
Notes: No prices are reported for samples with only a single respondent. Ranges are not reported for samples with fewer than three respondents.