Lumber futures continued to trade near 600 per 1000 board feet in october well below record high of 1000 reached in mid september as prices made their seasonal correction amid weak demand from diyers while extreme weather started to restrict home construction in the northern us.
Illinois hardwood timber market report.
Pennsylvania timber market report first quarter 2020.
Actual prices buyers pay are subject to us and global market and economic conditions combined with local.
Before the declaration of various rounds of duties and counter levies between the united states and china in mid 2018 the u s.
The report is intended to describe general trends in the timber market.
Minimum diameter 10 maximum diameter on butt end 30.
Illinois timber price reports illinois timber prices 1978 2015 illinois timber prices 2018 illinois timber prices 2018 2019 these charts show the average prices paid for red oak white oak black cherry and black walnut stumpage over the ten year period from 2002 through 2012 horizontal axis.
The average price paid across illinois by species is the best estimate of market value of timber during the period.
Prices are subject to change on short notice.
Somewhat more than a year prior china was by a long shot the biggest market for american hardwoods.
Ranges of prices paid show highest and lowest reported.
It is a proven and trusted business tool used daily by hardwood professionals.
Quarterly information on timber stumpage and mill prices based on information from loggers sawmills pulp and paper companies foresters and public agencies.
States are very similar to regions because the market effect on timber prices is universal.
Hardwood logs not meeting specs are paid at 80 m or culled.
Lumber has been the top performing major raw material this year on the back of robust demand from the renovation.
Hardwood industry was sending out about 2 billion worth of item to china every year representing practically half of the all out u.
It seems to be a buyer s market bouncing along the bottom at the minimum price that still allows a little wood to move.
Prices remained soft in the first quarter of 2020.
Standard deductions taken for sweep rot etc.
The market research has been completed and a plan will be underway in september for companies and associations to work together promoting the american hardwood resource to customers.
We are now buying many species and grades of hardwood saw logs.
The same factors that determine regional prices also influence markets in different states.
Hardwood market report provides benchmark pricing and market commentary on north american hardwood lumber and the lumber products industry.
The geography measuring system and products may be completely different but the market operates in a similar way.
Hardwood pallet logs maximum diameter on butt end 18.
