Southern Pine Timber Prices Eased In Second Quarter But Outlook Appears Encouraging For Tree Growers
Southern pine prices received by tree growers eased modestly in the second quarter of 2013 but continued to show strength over the same period a year ago as home construction continued a slow recovery, the head of one of the nation’s largest forestry management firms reports. Marshall Thomas, president of F&W Forestry Services that operates across the southern pine belt as well as the central and northeast forested regions of the U.S., said the decline in prices for pine timber on the stump would likely be short-lived as extremely wet weather spread over the region in early summer, dampening supply. “All in all it is a good time to be a timber owner in the South—housing is picking up and we seem to be back in a rainy cycle,” Thomas writes in the summer edition of his firm’s newsletter, The F&W Forestry Report.
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