Forest2Market® Launches Mill2Market, Weekly Lumber Price Reports

Forest2Market ^®, a provider of pricing data and analysis for the forest, wood products and bioenergy industries, will launch Mill2Market, weekly lumber price reports for the wholesale lumber trade at the 2009 North American Wholesale Lumber Association (NAWLA) Trader’s Market on November 5.

“Mill2Market corrects the deficiencies of the price reports that most companies have traditionally used. Instead of basing the prices reported on survey or interview results, Forest2Market collects its data from actual orders and invoices,” says Suzanne Hearn, Project Manager for Lumber Product Development at Forest2Market. “We then aggregate the data into three reports—mill realization by region of origin, mill realization by destination and delivered price by destination.”

Companies in the wholesale lumber trade—both buyers and sellers—can use Mill2Market to improve their net sales realizations. With actual weighted average prices, Mill2Market reports lead to better informed production and sales resource allocation decisions, the negotiation of fact-based supply agreements, and better leveraging of geographic and production efficiency advantages.

Each Mill2Market report details volume weighted prices for a wide range of dimensions and lengths. Species include Southern Yellow Pine, Spruce Pine Fir, Douglas Fir, Ponderosa Pine, Hemlock and Larch.

“Forest2Market is well-known in the forestry and wood products industry as the only provider of transaction-based stumpage and delivered prices for forest products from timber to wood fuel,” said Pete Stewart, President and CEO of Forest2Market. “Our existing customers believe so strongly in our approach to data collection that they asked us to develop a lumber product that would have the same degree of transparency, credibility and neutrality as our raw material pricing services. With the addition of Mill2Market, Forest2Market now covers the entire supply chain, from the forest to the market.”