Illinois Hardwood Timber Market Report

Ranges of prices paid show highest and lowest reported.

Illinois hardwood timber market report.

Prices are subject to change on short notice. Before the declaration of various rounds of duties and counter levies between the united states and china in mid 2018 the u s. Hardwood industry was sending out about 2 billion worth of item to china every year representing practically half of the all out u. The geography measuring system and products may be completely different but the market operates in a similar way.

Prices remained soft in the first quarter of 2020. 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. Pennsylvania timber market report first quarter 2020. Standard deductions taken for sweep rot etc.

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 pallet logs maximum diameter on butt end 18. Hardwood market report provides benchmark pricing and market commentary on north american hardwood lumber and the lumber products industry. It is a proven and trusted business tool used daily by hardwood professionals.

The same factors that determine regional prices also influence markets in different states. We are now buying many species and grades of hardwood saw logs. Quarterly information on timber stumpage and mill prices based on information from loggers sawmills pulp and paper companies foresters and public agencies. Is the price for cut timber logs delivered to a landing or mill.

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. It seems to be a buyer s market bouncing along the bottom at the minimum price that still allows a little wood to move. Lumber has been the top performing major raw material this year on the back of robust demand from the renovation. The average price paid across illinois by species is the best estimate of market value of timber during the period.

Hardwood logs not meeting specs are paid at 80 m or culled. States are very similar to regions because the market effect on timber prices is universal. Pennsylvania timber market report first quarter 2020. Minimum diameter 10 maximum diameter on butt end 30.

Actual prices buyers pay are subject to us and global market and economic conditions combined with local.