Back to Normal: Log Prices and Trends

By Lauren Grand, OSU Forestry and Natural Resources Extension, Extension Agent serving Lane County

I feel like this is the first time, in a long time, that I’m reporting a normal summer. Prices are holding steady and despite the fires there are enough logs out there to keep prices from increasing as we approach the end of the summer. In addition, lumber prices have come down quite a bit so we may even see log prices go down before going back up to match the winter demand due to access issues. There seems to be some mills with lots of inventory and some mills aggressively buying so be sure to call around to find the best fit for your property and your logs. Douglas-fir prices are currently sitting in the $800-850/mbf, about $100/mbf less than what we were seeing this time last year.

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Time to dust off your management plan? Log prices & trends

By Lauren Grand, OSU Forestry and Natural Resources Extension, Extension Agent serving Lane County

We are coming up on spring and that means summer is just around the corner. If you are thinking about a harvest this summer, it is time to take your management plan off the shelf and review your goals. How will this harvest help you meet your management goals? What are the things you’ll need to get started on now to be ready?  Following the market and log prices is one of them.

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Are you the winter logging type? Log and non-timber forest product prices & trends

By Lauren Grand, OSU Forestry and Natural Resources Extension, Extension Agent serving Lane County

Log buyers are actively looking for wood right now and while prices aren’t where they were last winter, they are certainly good and on par with past years. Prices are likely seeing a dip from last year because housing interest rates are up quite a bit and home buying is less attractive. That being said, winter is usually a difficult time for small landowners to access their trees for harvesting anyway, but if you are set up for it, it can prove to be beneficial as inventories are typically lower now than in the summer. Douglas-fir prices are currently sitting in the $800/mbf range for 6 to 9-inchers and $900/mbf range for the 10-inch pluses. Of course, large logs and premium logs could see $100-200 more per thousand depending on what you’ve got.

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The Summer has been good to us: Log and Non-timber Forest Product Prices and Trends

By Lauren Grand, OSU Forestry and Natural Resources Extension, Extension Agent serving Lane County

Prices are continuing to be good and even increase slightly this summer. Normally I’d have the inclination to say, “we are flying high on increasing prices that we don’t normally see during summer months. Usually, prices decrease in the summer due to more wood coming on the market.” However, things have hardly been “normal” since I started writing this blog 6 years ago. There seems to be some mills with lots of inventory and some mills aggressively buying so be sure to call around to find the best fit for your property and your logs. Douglas-fir prices are currently sitting in the $950/mbf, with the potential for a $50-$150 increase for a really good quality log.

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Hold Steady: Log and Non-timber Forest Product Prices and Trends

By Lauren Grand, OSU Forestry and Natural Resources Extension, Extension Agent serving Lane County

We are still seeing a lot of action as we move into summer with prices coming back to our new normal. While prices have come down a couple hundred dollars per thousand board feet since last quarter, we are still up about $250 per thousand board feet (mbf) from our yearly average over the last 25 years. Which if you ask me, is not too shabby! Douglas-fir prices are currently sitting in the $850/mbf, with the potential for a $50-$150 increase for a really good quality log.

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Can you hear that buzz? Log and non-timber forest prices & trends

By Lauren Grand, OSU Extension Forestry & Natural Resources, Lane County

Prices skyrocketed last month with Douglas-fir peaking at $1650 per thousand board feet in the Eugene/Springfield area. Did your mouth just fall open? Mine did! That is an amazing price. With recent lumber prices 43% higher than the 5 year average, high log prices make sense. But, lumber isn’t the only thing driving this increase. Do you remember sitting in your living room in December thinking, “Please!! Not another snow storm so soon!?” Well THANK YOU la Nina weather. The snow and rain slowed operations and caught mills with lower than ideal inventories. Once all the snow melted, mills made a run to bring inventories back up. Before you knew it, purchase orders were being distributed like hot cakes and prices were rising. Now that wood is filling back up at the mills, prices are starting to come back down, but things are still looking mighty good for the time being.

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It’s time to embrace the rain: Log and non-timber forest product prices and trends

By by Lauren Grand, OSU Extension Forestry and Natural Resources serving Lane County

Things are starting to level out after seeing large fluctuations in the lumber market and inventories at the mill. Mills are buying now, but each mill’s needs are different. With the onset of the rains, fewer logs usually make it to the log yard. This could encourage more aggressive buying, so keep an open communication with buyers if you are looking to sell. Rain also means that dirt roads are off limits. So, if you plan to take advantage of winter prices make sure to look into rock for your roads. Rock can be a great investment if you harvest frequently and the road accesses a large portion of your property.  

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Lumber prices take a nose dive

by Lauren Grand, OSU Extension Forestry and Natural Resources serving Lane County

Things are a little bit chaotic these days. Had I written this article last week I would be telling you log prices are high for the summer. Since then, lumber prices have taken a dive, and in response, log prices have come down a bit from the last couple of months. Most mills have a good inventory, having prepared well for the summer demand with fire season in mind. This along with decreased lumber prices means some mills aren’t actively looking for logs, but other mills are in high demand. It is a good idea to call around and see what buyers are looking for before cutting gets underway.

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Take it or Leave it: Log and Non-timber Forest Product Prices and Trends

By Lauren Grand, OSU Extension Forestry & Natural Resources, Lane County

Summer came early this year. While that is good news for those of you that are looking for an excuse to spend more time out in your woods, unfortunately, it also usually means lowering log prices. “But Lauren, lumber prices are still breaking records, shouldn’t log prices be high too?” Yes, normally. That’s why we saw such high prices last fall. However, thanks to the Labor Day fires, there is an abundance of wood coming to the mills. This along with our early summer means more access to burned areas that were not salvageable in the winter. With inventories this high, some mills are off the market until they can work through what they’ve already got. For these reasons, Douglas-fir prices have been slowly decreasing to today’s prices.

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To salvage or not to salvage? Log & non-timber forest product prices & trends

By Lauren Grand, OSU Extension Forestry & Natural Resources, Lane County

Things got hot and heavy this summer with prices increasing to the $900/mbf range. While these prices aren’t record breaking, we set those in the summer of 2017, lumber prices were. Record breaking lumber prices along with a reduction in wood as a result of the coronavirus brought up those log process to numbers rarely seen in the summer. Usually a bad fire season also adds to a slight increase in price as we come out of the summer due to equipment shut downs, slowing wood to the mills. But, we didn’t have just a bad fire season, we had a bad fire year. As we recover from the Labor Day fires, many landowners will be looking to salvage their burned timber and this increase in wood to the mill will likely start to drive down prices.

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