Timber Blog

January 5, 2008

Illinois Hardwood Timber Market Report (Dec 2007 /Jan 2008)

Craig Tracy, Tracy Export Inc., East Dubuque, IL

Date of Report: 12/27/2007 (Sawlog Prices FOB – Veneer Prices FOB)

Black Walnut

• Sawlogs ($1.00/bd. ft.)
• Veneer ($2.00+/bd. ft.)

Black Cherry

• Sawlogs ($0.50/bd. ft.)
• Veneer ($1.00/bd. ft.)

White Oak

• Sawlogs ($0.80/bd. ft.)
• Veneer ($1.50+/bd. ft.)

Red Oak

• Sawlogs ($0.50/bd. ft.)
• Veneer ($1.00+/bd. ft.)

Hard Maple

• Sawlogs ($0.50/bd. ft.)
• Veneer ($1.50+/bd. ft.)

Thanks for the Hardwood Market Report Craig!

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Posted by Jay Hayek at 4:27 PM

January 5, 2008

Illinois Hardwood Timber Market Report (Jan. 2008)

Brian Critchelow, Critchelow Logging, Sullivan, IL

Procurement Area: East-Central Illinois and Western Indiana

Date of Report: 12/21/2007 (Sawlog Prices FOB – Veneer Prices Stumpage)

Black Walnut

• Sawlogs ($1.55/bd. ft.)
• Veneer ($4.80/bd. ft.)

Black Cherry

• Sawlogs ($0.75/bd. ft.)
• Veneer ($3.00/bd. ft.)

White Oak

• Sawlogs ($0.77/bd. ft.)
• Veneer ($2.50/bd. ft.)

Red Oak

• Sawlogs ($0.40/bd. ft.)

Black Oak

• Sawlogs ($0.40/bd. ft.)

Pin Oak

• Sawlogs ($0.25/bd. ft.)

Hard Maple

• Sawlogs ($0.55/bd. ft.)
• Veneer ($2.50/bd. ft.)

Soft Maple

• Sawlogs ($0.40/bd. ft.)

Hickory

• Sawlogs ($0.40/bd. ft.)

Ash

• Sawlogs ($0.30/bd. ft.)

Basswood

• Sawlogs ($0.30/bd. ft.)

Yellow-Poplar

• Sawlogs ($0.50/bd. ft.)

Elm/Hackberry

• Sawlogs ($0.25/bd. ft.)

Sycamore/Sweetgum

• Sawlogs ($0.25/bd. ft.)

Cottonwood

• Sawlogs ($0.20/bd. ft.)

Honeylocust

• Sawlogs ($0.25/bd. ft.)

Thanks for the Hardwood Market Report Brian!

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Posted by Jay Hayek at 3:54 PM

January 5, 2008

Illinois Hardwood Timber Market Report (Dec./Jan - 2008)

Ben Bruggeman, Bruggeman Lumber LLC, Dubuque, IA

Procurement Area: Northwest and Central Illinois

Date of Report: 12/27/2007 (Sawlog Prices Stumpage – Veneer Prices FOB)

Black Walnut

• Sawlogs ($0.60-1.20/bd. ft.)
• Veneer ($3.50-7.00/bd. ft.)

Black Cherry

• Sawlogs ($0.60-0.90/bd. ft.)
• Veneer ($2.00-3.50/bd. ft.)

White Oak

• Sawlogs ($0.30-0.40/bd. ft.)
• Veneer ($2.00-4.00/bd. ft.)

Red Oak

• Sawlogs ($0.40/bd. ft.)

Black Oak

• Sawlogs ($0.15-0.20/bd. ft.)

Pin Oak

• Sawlogs ($0.15-0.20/bd. ft.)

Hard Maple

• Sawlogs ($0.70/bd. ft.)
• Veneer ($2.00-3.00/bd. ft.)

Soft Maple

• Sawlogs ($0.25-0.30/bd. ft.)

Hickory

• Sawlogs ($0.25/bd. ft.)

Ash

• Sawlogs ($0.15/bd. ft.)

Basswood

• Sawlogs ($0.15/bd. ft.)

Elm/Hackberry

• Sawlogs ($0.15/bd. ft.)

Cottonwood

• Sawlogs ($0.07/bd. ft.)

Thanks for the Hardwood Market Report Ben!

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Posted by Jay Hayek at 3:37 PM

January 5, 2008

Illinois Hardwood Timber Market Report (Jan. 2008)

Stan Curtis, Carbondale Veneer Company, Inc.

(Carbondale, IL)

Procurement Area: Southern Illinois (south of I-64)

Date of Report: 01/05/2008 (Prices Reported as Stumpage)

Strong Market Demand:

Market demand for quality black walnut and white oak logs remains strong. Sawlog stumpage prices for black walnut and white oak range from $0.50-1.50/bd. ft. and $0.40-0.80/bd. ft., respectively. Veneer stumpage prices for black walnut and white oak range from $2.00-4.00/bd. ft. and $1.00-4.00/bd. ft., respectively. Black cherry sawlog and veneer stumpage prices, although down a bit from 2005-2006, range from $0.50-1.00/bd. ft. and $1.00-2.00/bd. ft., respectively.

Market Demand Good or Increasing:

According to Stan, demand for yellow-poplar sawlogs has increased, although mill prices have not quite caught up to demand although we will see this change in the very near future. Yellow-poplar stumpage prices are fetching $0.10-0.20/bd. ft. Demand for pin oak, especially for the construction mat market, continues to provide a viable outlet for this species ~ $0.10-0.15/bd. ft. Sycamore stumpage prices range from $0.05-0.08/bd. ft. Sweetgum logs, especially for the desirable construction mat market, range around $0.10/bd. ft. Moreover, demand for hickory and hard maple is still good with stumpage prices averaging $0.20-0.30/bd. ft. and $0.30-0.50/bd. ft., respectively. Hard maple veneer markets are still encouraging with stumpage prices hovering around $0.80-1.00/bd. ft.

Weak Market Demand:

As has been the case for several years now, demand for red oak and black oak has been suppressed. Stumpage prices for red oak and black oak sawlogs range from $0.30-0.50/bd. ft. and $0.25-0.40/bd. ft., respectively. Veneer prices for red oak range around $0.90/bd. ft. Wormy soft maple is mostly going to low-grade markets ~ $0.10/bd. ft. According to Stan, ash sawlog prices have been setback significantly due to Emerald Ash Borer quarantine regulations ~ $0.10-0.20/bd. ft.

Thanks for the Hardwood Market Report Stan!

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Posted by Jay Hayek at 3:03 PM