Mississippi
Timber Price Report
November/December
1999
Timber Market Comments
Sawtimber
Dry
conditions meant good log availability for mills during
November/December, but a burst of sales late in the year put
more activity in the market than expected. On average,
prices declined slightly, but the higher activity level in
the market was welcome by landowners.
Several
reporters, however, commented that the sawtimber market was
"good" and that the pulpwood market was "beginning to firm
up." Perhaps as a bit of insurance, Mississippi mills were
competing for "winter logging" with new intensity, this
especially seemed the case in north Mississippi.
Consultants
with timber on the market seemed pleased with the number of
bids received. One sale in north Mississippi reported a
standing pine sawtimber price at $655/MBF, D.
The
pine lumber market continued good but most mills reported
good log inventories. The hardwood lumber market also
continues to firm as mills reported being able to sell most
all they were producing. Red oak lumber sales were reported
good and lumber market conditions are more active than usual
for this time of year. Ash lumber sales were reported good
and poplar sales were "brisk".
Pulpwood
Reporters
seemed more optimistic about the pulpwood market but prices
remained about the same. Pulpwood prices decreased a bit
statewide, but the outlook for pulpwood appears to be
brighter for 2000.
Other
Comments
Southern
pine beetle activity remains hard to find. No SPB activity
was reported but several reporters in south Mississippi
commented about "spotty" Ips beetle damage.
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View
the Standing and Delivered prices for November/December
1999
As
always, your comments, pros and cons are welcome.
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