Report: Sawtimber prices to be up and down
by MBJ Staff
Published: September 23,2011
Forisk Consulting of Athens, Ga., forecasts sawtimber prices for the U.S. South weakening 2.7 percent in 2012 and then strengthening 2.9 percent into 2013.
Key factors include weak expectations for housing starts and low utilization rates at sawmills.
While sawtimber prices can increase temporarily from artificial shortages related to weather and logging capacity, long-term strengthening of sawtimber prices requires sawmill utilization to exceed 76 percent.
For 2012, Georgia, Louisiana, Mississippi and Texas are the only states with forecasted sawtimber stumpage prices exceeding $27/ton. Alternately, delivered prices for Douglas-fir and hemlock in Oregon and Washington look to increase 6 percent and 4.9 percent in 2012 thanks to continued exports to China.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Baseball stadium for Farish Street? It’s possible
- White House hotel making comeback in Biloxi
- Guns OK inside Mississippi polling places, attorney general says
- Supreme Court deals blow to McDaniel's election challenge
- State GOP chairman calls on McDaniel to hurry with challenge
- McCarthy hired as CFO of Mississippi Development Authority
- 'Get on Up' movie premiers in Madison with Chadwick Boseman and Tate Taylor walking the red carpet
- Bryant protests immigrant children being housed in state
- Deal for daily Jackson-Orlando flight in works with Allegiant
- Gunn, Reeves introduce performance-based budget plan