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.
Top Posts & Pages
- Chris McDaniel gets a thank you note from Travis Childers
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- States settle with manufacturers in DRAM price-fixing case
- Quapaw Canoe Company gains legislative support in battle with tax department
- Reactive Surfaces files lawsuit against Toyota in patent dispute
- The link between education and economic development
- District at Eastover takes shape with financing in place, tenant signings under way
- Expeditors working out logistics to open Jackson office next month