What is the stumpage value of timber?
Stumpage price is the price paid for a given unit of merchantable standing timber expressed in terms of measure, such as the board-foot, cubic foot, or cross-ties of given classes. Stumpage value is the value of standing timber obtained by multiplying its estimated volume by the stumpage price.
Is there a lumber shortage in Maine?
WESTBROOK (WGME) — Home construction is showing no sign of slowing down, and lumber yards in Maine are trying to keep up. Since April 2020, demand for timber surged more than 300 percent. That’s adding nearly $36,000 to the average price of a new, single family home.
How much can you make off an acre of pine trees?
How Much Money is an Acre of Timber Worth?
| Pine Timber Values/Acre | ||
|---|---|---|
| Year | Plantation* | Natural |
| 2017 | $1,542 | $1,618 |
| 2018 | $1,694 | $1,738 |
| 2019 | $1,566 | $2,055 |
What is the most profitable timber to grow?
Some of the Most Profitable Hardwood Trees for Timber
- Red Oak Trees & Other Oaks.
- Black Cherry.
- Hickory.
- Maple.
- Red Alder.
- Sycamore.
- Willow.
- Birch.
Are lumber prices still climbing?
The price of lumber is climbing again. After steadily rising through the end of 2020 and the beginning of 2021, lumber prices skyrocketed up to an all-time high in May, driven by historic levels of demand and mounting supply chain issues.
Why is there a lumber shortage in 2021?
Lumber was in short supply for much of 2020 and 2021, driving prices to historic levels, before leveling off this past summer as supply finally caught up to demand. The lumber supply is beginning to tighten once again and prices are trending upwards in response.
What stumpage should be for standing trees or timber?
We are often asked what stumpage should be for standing trees or timber. There are no easy answers to that question. Every woodlot is different. The quality of the trees and volumes to be harvested vary from lot to lot.
How far out of date are timber prices?
The prices reported are one to two years out of date when the reports are published, and the state’s reports have no information on quality, volumes, or logger choice, so it’s difficult to relate them to any particular parcel of timber.
What is included in a stumpage price report?
These reports contain information on the annual harvesting activities by landowner type and size. These reports contain the annual stumpage prices landowners received by county, product, and species.
How do you determine the price of timber?
3. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state. Usually, this means talking to a consulting forester or loggers who determine what price they are willing to pay for your timber products. Different logging contractors have different prices and they can vary a lot.