Illinois Hardwood Timber Market Report

States are very similar to regions because the market effect on timber prices is universal.

Illinois hardwood timber market report.

The geography measuring system and products may be completely different but the market operates in a similar way. Hardwood market report provides benchmark pricing and market commentary on north american hardwood lumber and the lumber products industry. Prices remained soft in the first quarter of 2020. Real american hardwood promotion at ahmi fall conference real american hardwood promotion an update from the team developing a domestic promotion program for hardwoods.

It is a proven and trusted business tool used daily by hardwood professionals. Standard deductions taken for sweep rot etc. Minimum diameter 10 maximum diameter on butt end 30. 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.

Quarterly information on timber stumpage and mill prices based on information from loggers sawmills pulp and paper companies foresters and public agencies. Pennsylvania timber market report first quarter 2020. Somewhat more than a year prior china was by a long shot the biggest market for american hardwoods. Lumber futures continued to trade near 600 per 1000 board feet in october well below record high of 1000 reached in mid september as prices made their seasonal correction amid weak demand from diyers while extreme weather started to restrict home construction in the northern us.

The average price paid across illinois by species is the best estimate of market value of timber during the period. Is the price for cut timber logs delivered to a landing or mill. Hardwood logs not meeting specs are paid at 80 m or culled. Before the declaration of various rounds of duties and counter levies between the united states and china in mid 2018 the u s.

Actual prices buyers pay are subject to us and global market and economic conditions combined with local. Lumber has been the top performing major raw material this year on the back of robust demand from the renovation. We are now buying many species and grades of hardwood saw logs. Prices are subject to change on short notice.

Pennsylvania timber market report first quarter 2020. Hardwood pallet logs maximum diameter on butt end 18. It seems to be a buyer s market bouncing along the bottom at the minimum price that still allows a little wood to move. Hardwood industry was sending out about 2 billion worth of item to china every year representing practically half of the all out u.

The same factors that determine regional prices also influence markets in different states.