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Stay informed on the latest forest industry news and market insights.
F&W is committed to helping landowners get the most out of their timberland – one of the best tools is current and relevant information. Through the F&W Forestry Report, our clients and subscribers gain an insider’s view on the latest market conditions, timber prices and legislation affecting forestry. Each quarterly report is packed with insights gathered from our participation in professional associations, academic research cooperatives and everyday work in the forest to give you an edge in the marketplace.

Weather Or Markets? Question Goes Unanswered .... Again

Weather Or Markets? Question Goes Unanswered …. Again

Last year, a booming economy, strong lumber demand, and wet weather resulted in marked increases in timber stumpage (standing tree) prices. But as we enter the last quarter of the year, La Niña weather conditions are favored for the upcoming winter, which could potentially have a negative impact on Southern timber markets due to dryer conditions but boost Northern markets because of wetter weather.

“I was looking forward to seeing if the dry season downturn was due to weather or the economy, perhaps signaling if we could look for a continued upturn in stumpage prices,” Thomas writes in the fall issue of his firm’s newsletter, the F&W Forestry Report. “But with a cooling economy and a dry winter approaching, we may have to wait another year or two to see if recent Southern stumpage price increases will stick for the long term.”

However, despite the weather, lagging economy, and declining timber markets, Thomas remains optimistic because prices are holding at higher levels than they were one or two years ago.

“If we can just hold these higher levels, and wait for the economy to recover, maybe, just maybe, this will be the beginning of the next big rising price cycle,” Thomas wrote.

TO SEE THE FULL ARTICLE IN THE FALL 2022 ISSUE, SUBSCRIBE NOW

Utilizing Drone Technology For Vegetation Management

Utilizing Drone Technology For Vegetation Management

A kudzu infestation in a client’s young pine plantation prompted an F&W manager to get creative to treat the site.

T.R. Clark, regional manager covering Alabama and Georgia, shares that not only was kudzu taking over the two-year-old loblolly pine stand, but it also had a thick development of blackberry briars. The acreage needing treatment was not necessarily big enough to attract a helicopter crew and many of the areas where the infestation was the worst were along streamside management zones, where a helicopter would not be able to reach.

Clark partnered with vegetation management company IVM Solutions, headquartered in Auburn, Ala., to get the site treated using UAV (unmanned aerial vehicle, or drone) technology.

“They were covering a niche that has often been a real challenge in the past: tracts too small to attract aerial applications but that also possess hurdles to ground treatments,” Clark said.

In this instance, the drone was able to reach crevasses, stay clear of briars and remain unintrusive to the pines, all while providing uniform coverage of the chemicals.

F&W has been operating UAVs since 2016, utilizing this innovative technology to provide clients with a comprehensive range of services, including aerial maps, property inspections, harvest status checks, reforestation survival checks, and more. The UAV operated by IVM Solutions is larger and specialized to be capable of carrying solution, the spraying apparatus, and the onboard electronics to control flight and spray rate.

TO SEE THE FULL ARTICLE IN THE FALL 2022 ISSUE, SUBSCRIBE NOW

Ag Land Values Rise Again In 2022

Ag Land Values Rise Again In 2022

For the second straight year, farmers saw substantial increases in the value of their land, according to the latest survey of the nation’s rural real estate by the U.S. Department of Agriculture (USDA).

Ag land values reached a record high average of $3,800 per acre in 2022, up 12.4 percent over the prior year and the largest percentage increase since 2006.

While the survey does not include bare forestland values, general trends in the agricultural sector are likely to apply to land devoted to growing trees. The survey breaks out values for cropland and pastures, both of which show similarities to the bare land value of forestland and can easily be converted to forests. These two categories also showed substantial increases—cropland increased 14.3 percent nationwide to an average of $5,050 per acre and pastureland rose 11.5 percent to $1,650 per acre.

Factors likely contributing to the rise in values include higher commodity prices, competing land-use interests such as urban sprawl, and people seeking to invest in land as a safer alternative to the stock market during turbulent economic times.

TO SEE THE FULL ARTICLE IN THE FALL 2022 ISSUE, SUBSCRIBE NOW

The F&W Forestry Report is published quarterly for our clients reporting on the latest market conditions, timber prices and legislation affecting forestry.

Winter 2020
Fall 2019
Winter 2019
Summer 2019

Please note that archived newsletters lag one year behind current publications.

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For media inquiries, contact Bates Associates: 770-451-0370, [email protected]