menu-bgimg

What we can offer you

We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain.
  • Pricing Data
  • Benchmarks
  • Product Forecasting
  • Advisory Services
  • Analytics
Learn More

SilvaStat360 Platform

  • Price Benchmarks
  • Madison’s Lumber Reporter
  • The Beck Group’s Sawmill TQ
  • Timber Supply Analysis 
  • Global Economic Data

Explore Forest2Market's Interactive Business Intelligence Platform

Learn More

Industries

From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry.

Learn More
x
 
Blog

4th Quarter 2013 to 1st Quarter 2014 Stumpage Prices

June 25, 2014
Author: Joe Clark

During the first few months of 2014, the southeastern United States experienced extreme winter weather and more than its fair share of rainfall. Devastating ice storms in certain areas early in the year brought about necessary salvage operations that, combined with elevated rainfall across the entire region, caused prices to be volatile on a south wide basis.

Across the South, pine pulpwood prices were pushed higher by the wet weather, with first quarter prices moving up 3.27% from $10.93/ton to $11.30/ton. Hardwood pulpwood dropped 8.64% to $9.84, and pine chip n saw fell by $0.51, or 2.6%, from $19.83/ton to $19.32/ton.

Over the last 12 months, prices of both pine pulpwood and chip n saw trended higher. Pine pulpwood increased 7.26% in price, while chip n saw has realized an 8.54% increase in price. Historically, if pine pulpwood prices swing higher, closing the gap between pulpwood prices and chip n saw prices, mills will substitute the larger diameter material for pulpwood. The increase in demand and price in the pulpwood market over the last year, mainly in the coastal plain, escalated pressure on the chip n saw market, causing prices to shift upward there as well.

First quarter pine sawtimber prices fell by just over 50 cents, dropping 1.9% from $28.05/ton to $27.52/ton, and hardwood sawtimber was virtually unchanged at $22.25/ton at the end of first quarter. Poor housing start numbers, mainly attributed to the weather in January and February being unfavorable for construction, has likely kept sawtimber prices suppressed.

 

U.S._South_Average_Prices.png
 

In the East region quarter over quarter, pine pulpwood increased by 3% to $14.20/ton, while hardwood pulpwood decreased 4.2%, down to just under $10/ton. Both pine and hardwood sawtimber prices appreciated. Pine sawtimber increased from $25.54/ton to $26.26/ton, while hardwood sawtimber showed an increase of 5.7%, from $21.38/ton to $22.59/ton.

Pine pulpwood showed the largest increase in the Mid region. Pine pulpwood prices increased by 11.3% from $10.12/ton to $11.26/ton. This, however, was the only product that realized an increased during the first quarter in the Mid region. Pine chip n saw, pine sawtimber, hardwood pulpwood, and sawtimber all fell. Hardwood pulpwood saw the largest drop, down nearly 15% ($1.62) to $9.48/ton.

There was little change in the West region. Pine sawtimber rose slightly from $29.02/ton to $30.26/ton. Hardwood pulpwood and sawtimber both remained steady at $11.16/ton and $23.78/ton, respectively.  Pine pulpwood dropped considerably, 8.75%, to just under $9.00/ton.

Back to Blog

You May Also be Interested In

May 14, 2020
Where are Southern Timber Prices Headed?
The modern forest supply chain is without guidance for operating in the current pandemic-driven economic...
Continue Reading
February 17, 2020
PNW Log & Lumber Prices: 1Q2020 Update
As Forest2Market data has confirmed over the last several years, log and lumber prices in the Pacific Northwest...
Continue Reading
February 13, 2020
Winter Precipitation Trends: Will Timber Prices be Impacted?
Winter weather challenges have the potential to suspend harvesting operations in every wood basket in North America....
Continue Reading