August 20, 2021
This quarter saw the price of lumber futures skyrocket to historically high levels of $928.50/MBF on September 1st despite the COVID-19 epidemic and the ensuring shutdowns. The swift rebound in the housing market led to an increased demand for the building commodity, but the pandemic-induced disruptions in the lumber mill operations contributed to its supply […]
July 16, 2021
South Carolina Pulpwood Stumpage Price Trends: Statewide pulpwood stumpage prices for both pine and hardwood were lower than the rates observed in the previous quarter. On average, South Carolina statewide pine pulpwood prices were $9.60/ton in the 2nd quarter of 2021. For mixed hardwood pulpwood, the statewide stumpage prices, on average, were $10.99/ton in this […]
July 8, 2021
Many landowners have heard the term stumpage price but may not be sure about its meaning. Stumpage price refers to the price a timber buyer will offer landowners for standing trees. In general, sawtimber, which includes larger standing trees with a diameter over 10 inches suitable for making lumber or other structural products, will get […]
