Michigan Timber Prices 2024. Order of report the report is ordered by the four (4) timber products sold by the dnr: The data in the average stumpage price report is used to provide dnr staff base information for determining a minimum acceptable bid for future timber sales.
Russ taylor, president of russ taylor global wood business and market consulting, said he expects. The forest products industry provides 96,000 jobs and contributes $22 billion to michigan’s economy.
Despite The Challenges That 2023 Brought There Is Hope Going Into 2024 By Cadance Hanson.
The price of timber in the united states fluctuated widely over the last five years, from a low of 240 dollars per 1,000 board feet in january 2016 to a peak of over 1,500.
Russ Taylor, President Of Russ Taylor Global Wood Business And Market Consulting, Said He Expects.
Lumber prices ranged from us$300/mbf to us$450/mbf in 2023.
Housing Demand Projected To Push Lumber Prices Higher In 2024.
While looking back at how the hardwood market fared throughout 2023,.
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This Series Of Reports, Updated Quarterly, Summarizes Bid Prices From State Forest Timber Sales.
Posted on november 3, 2023 |.
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Lumber price charts show prices spiking by about 280%, or more than doubling with prices peaking at $1,418 per thousand board feet in may 2021.
Order Of Report The Report Is Ordered By The Four (4) Timber Products Sold By The Dnr:
Prices in the west were generally higher than in the eastern regions, although maple sawlog prices proved an exception to that.