Mixed And Worrisome Indicators Impact Timber Markets
The prices landowners received for trees in the second quarter of 2016 were flat-to-down, depending on the product and the region, reports the head of one of the nation’s largest forest management firms.
Marshall Thomas, president of F&W Forestry Services which operates across the major forested regions of the U.S., reports in his firm’s summer newsletter that there are mixed and worrisome indicators that are impacting timber markets.
“We were forecasted to be in a full housing recovery by now,” Thomas writes in the latest edition of The F&W Forestry Report. “It’s clear that landowners aren’t feeling a recovery, either in their attitudes or their pocket books.”
“All in all, this wasn’t a great quarter to report on, but long term forecasts still support a recovery—we just have to be patient,”
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