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
- Barbour to lead Butler Snow economic development firm
- (UPDATE) Prison won’t interrupt ex-prison chief’s retirement cash flow
- Delta State conference brings renowned speakers
- (UPDATE) Judge rules on Google request on attorney general inquiry
- Kemper plant employee gag order continued
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- Ex-prison boss and businessman admit to bribery scheme
- Analysis: Lawmakers squabble over election-year tax cuts
- The leadership styles of President Obama