Log Prices and Market Trends: Tight Supply and Rising Demand

Fewer logs are in the yard, and mills are interested in increasing their supply. With reduced availability, competition for logs has increased prices slightly.

Current Log Prices

Here is an overview of current average log prices in the region:

  • Douglas-fir: Prices average between $700 and $775 per MBF, with regional differences—the Roseburg area is about $25 lower, and the Philomath area is $25 to $50 higher.
  • White Wood: Mid-$500s per MBF, reflecting steady demand.
  • Red Cedar: At $850 per MBF, larger logs (32’-40’) can fetch up to $1,500 when sold to Washington mills, while smaller logs (30’ and under) are priced slightly lower, but you’ll need to pay the trucking.
  • Incense Cedar: Priced at $500 per MBF, incense cedar activity is limited as some mills buying this species have closed.
  • Chips: Prices are steady at $30 per ton in the Eugene area.
  • Alder: Averaging $650 per MBF, alder remains a sought-after hardwood despite ongoing challenges with log supply.
  • Ash/Oak: Ranging from $400 to $550 per MBF, these species are seeing increased interest from mills, particularly white oak, which has recently gained traction in the Lane County area.
  • Maple: At $425 per MBF, maple provides an option for hardwood markets, though supply and demand remain stable.

What This Means for Landowners

For those managing forestland, these trends underscore the importance of staying informed about market conditions. Tight supply and rising prices can create opportunities, but they also bring challenges. Landowners should:

  • Monitor Log Markets Closely: Understanding current prices and demand can help you time your harvests effectively.
  • Diversify Your Offerings: To maximize revenue potential, consider different market segments, such as poles, veneer, or hardwoods.
  • Build Relationships with Buyers: As mills expand their sourcing areas, having strong relationships with log buyers can give you an advantage.

The log market is constantly changing, but staying adaptable and informed will help landowners navigate the challenges and opportunities ahead.

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