Illinois Hardwood Timber Market Report

It seems to be a buyer s market bouncing along the bottom at the minimum price that still allows a little wood to move.

Illinois hardwood timber market report.

Pennsylvania timber market report first quarter 2020. 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. Somewhat more than a year prior china was by a long shot the biggest market for american hardwoods.

Real american hardwood promotion at ahmi fall conference real american hardwood promotion an update from the team developing a domestic promotion program for hardwoods. Hardwood industry was sending out about 2 billion worth of item to china every year representing practically half of the all out u. Quarterly information on timber stumpage and mill prices based on information from loggers sawmills pulp and paper companies foresters and public agencies. Prices are subject to change on short notice.

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. The average price paid across illinois by species is the best estimate of market value of timber during the period. States are very similar to regions because the market effect on timber prices is universal. Standard deductions taken for sweep rot etc.

Minimum diameter 10 maximum diameter on butt end 30. Hardwood logs not meeting specs are paid at 80 m or culled. The report is intended to describe general trends in the timber market. Pennsylvania timber market report first quarter 2020.

Lumber has been the top performing major raw material this year on the back of robust demand from the renovation. Ranges of prices paid show highest and lowest reported. We are now buying many species and grades of hardwood saw logs. 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.

It is a proven and trusted business tool used daily by hardwood professionals. 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. Before the declaration of various rounds of duties and counter levies between the united states and china in mid 2018 the u s. Hardwood pallet logs maximum diameter on butt end 18.

Prices remained soft in the first quarter of 2020.