Outlook Optimistic For 2018
For timberland owners, many factors—including stable to increasing stumpage (standing tree) prices—may finally be pointing to a possible end to the long-running recession.
Not wanting to be overly optimistic but noting the positive trends, Marshall Thomas, President of F&W Forestry Services, discusses these trends in the latest issue of his company’s quarterly newsletter, the F&W Forestry Report.
Thomas notes that stable or increasing stumpage prices, housing starts nearing 1.3 million units, lumber companies investing to increase production and build new mills, the new tax bill, and recent action by the U.S. Department of Commerce regarding softwood lumber from Canada—all issues which are discussed in depth in the newsletter—make the new year look hopeful for timberland growers.
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