Timber Market Report: 2018 1st Quarter

January 2018 - March 2018
Timber Market Report: 2018 1st Quarter - Articles

Dr. Jacobson's Comments

Prices remained relatively steady during the first quarter of 2018. Wet conditions in the Southeast region resulted in a low number of price reports (2) for this quarter. Contributors commented on weather conditions making it difficult to harvest this winter and concerns about foreign export markets. Penn State Extension is currently investigating the state of log exports from Pennsylvania to identify trends and how they may be influencing prices across the Commonwealth.

Stumpage Prices

Northeast

Prices are $ per MBF International 1/4"
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$275$451$62611
White Oak$213$337$42610
Mixed Oak$198$297$39711
Black Cherry$437$773$1,1086
White Ash$103$312$5223
Hard Maple$170$367$5633
Soft Maple$137$245$35313
Yellow-Poplar$70$230$3903
Misc. Hardwoods$69$138$2069
White PineN/A$83N/A2
Hemlock$12$29$464

Southeast

Prices are $ per MBF International 1/4"
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red OakN/A$385N/A2
White OakN/A$342N/A2
Mixed OakN/A$281N/A2
Black CherryN/AN/AN/A0
White AshN/AN/AN/A1
Hard MapleN/AN/AN/A0
Soft MapleN/AN/AN/A1
Yellow-poplarN/A$237N/A2
Misc. HardwoodsN/A$122N/A2
White PineN/AN/AN/A0
HemlockN/AN/AN/A0

Northwest

Prices are $ per MBF International 1/4"
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$334$460$58627
White Oak$357$440$52317
Mixed Oak$211$321$43215
Black Cherry$528$773$1,01742
White Ash$184$319$45431
Hard Maple$236$375$51430
Soft Maple$181$280$37942
Yellow-poplar$74$142$21019
Misc. Hardwoods$34$79$12436
White Pine$6$49$915
Hemlock$6$42$778

Southwest

Prices are $ per MBF International 1/4"
Species by RegionMinus 1 Std DevAveragePlus 1 Std DevN#
Northern Red Oak$157$466$77410
White Oak$144$364$58410
Mixed Oak$77$361$64510
Black Cherry$129$390$6519
White Ash$57$140$2237
Hard Maple$143$281$4187
Soft Maple$77$245$41410
Yellow-poplar$72$187$3028
Misc. Hardwoods$52$101$14910
White Pine$54$69$843
HemlockN/A$73N/A2

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)
RegionLowAvgHighN#
NortheastN/A$0.75N/A2
SoutheastN/AN/AN/A1
Northwest$0.10$1.44$4.0020
Southwest$0.87$1.29$2.003
Softwood Pulp ($/ton)
RegionLowAvgHighN#
NortheastN/AN/AN/A0
SoutheastN/AN/AN/A0
NorthwestN/AN/AN/A0
SouthwestN/AN/AN/A0

Bureau of Forestry Pulpwood Stumpage

Hardwood Pulp ($/ton)
RegionLowAvgHighN#
Northeast$1.05$5.59$13.8110
SoutheastN/AN/AN/A0
Northwest$5.37$7.08$10.544
Southwest$4.27$7.95$14.424
Softwood Pulp ($/ton)
RegionLowAvgHighN#
NortheastN/A$5.80N/A2
SoutheastN/AN/AN/A0
NorthwestN/AN/AN/A1
SouthwestN/AN/AN/A0