What is the price of timber in Mississippi?
Mississippi Timber Prices
Product | Mar 2021 |
---|---|
Pine Pulpwood | $7.00 |
Pine Sawtimber | $22.00 |
Pine CNS | $15.00 |
Hardwood Pulpwood | $18.00 |
Are timber prices up in Mississippi?
Compared to the 1st quarter, statewide average prices changed (-38.5% to 19.8%) during the 2nd quarter with pine products declining and hardwood products increasing. Prices for dimensional lumber peaked in May and have steadily declined since (down over 50% as of July 6th).
Why are timber prices so low?
Timber growers across the U.S. Sawmills are running as close to capacity as pandemic precautions will allow and are unable to keep up with lumber demand. The problem for timber growers is that so many trees have been planted between the Carolinas and Texas that mills are paying the lowest prices in decades for logs.
How much is timber sold for?
Most landowners prefer to clearcut their timberland when it is in the 26+ age class, since a majority of the trees have reached the higher-value sawtimber category….How Much Money is an Acre of Timber Worth?
Pine Timber Values/Acre | ||
---|---|---|
Year | Plantation* | Natural |
2018 | $1,694 | $1,738 |
2019 | $1,566 | $2,055 |
*Average of all age classes excluding <15 (clearcut) |
How much is timber worth per ton?
These prices, especially sawtimber stumpage prices, continue to remain low. According to Timber Mart-South, Southern pine sawtimber stumpage prices were on average $23.35 per ton in 2020, compared to $23.47 per ton in 2019.
Is there a timber price report for Mississippi?
By 2004, commercial timber price reporting services were readily available in the market. A quarterly timber price report for Mississippi was produced by Forest2Market, Inc. from 2004 to 2013. Starting in 2013, Timber-Mart South agreed to make their quarterly price data available to Mississippi State University.
How much does pine pulpwood cost in Mississippi?
Mississippi Timber Prices Product Mar 2021 Pine Pulpwood $7.00 Pine Sawtimber $22.00 Pine CNS $15.00 Hardwood Pulpwood $18.00
Why does the price of timber go down?
If mills don’t need wood, prices go down. However, there are several other factors that influence the price of timber by region: Mills – Mills are the foundation of established timber markets, because they determine what products can be bought and sold.
What is the value of Agriculture in Mississippi?
The estimated value of Mississippi agriculture in 2019 is $7.39 billion, a 0.2% gain from last year’s $7.37 billion. Included in the total is an estimated $628 million in government payments, the largest amount of federal assistance Mississippi producers have seen since 2006