Timber Prices Remain Flat In First Quarter Of 2019

Timber stumpage (standing tree) prices in the South were flat in the first quarter of the year with the exception of hardwood markets in the Southeastern region, the head of one of the nation’s largest forest management companies reports.

Marshall Thomas, president of F&W Forestry Services, Inc., reports in his firm’s spring newsletter that it appears that 2019 will be an uneventful year for timber markets.

“Across the rest of the South, prices seem to be flat with one exception—Southeastern hardwood pulpwood and sawtimber prices have been edging up for the last three years and continued to move up in the first quarter,” wrote Thomas.

“As mentioned in the last newsletter, it looks like 2019 may be a flat year for us,” Thomas added. “Housing starts went flat (if you are an optimist) or are dropping (if you are a pessimist).  But mortgage rates did drop slightly, which could help start things back up.”

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