Timber Prices

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A large, yellow machine lifts downed trees to load onto a log truck.
June 29, 2021 - Filed Under: Timber Prices, Timber Harvest

Although construction costs are through the roof timber prices have not kept pace, and Mississippi forest landowners are waiting for improved markets. Shaun Tanger, a forestry economics specialist with the Mississippi State University Extension Service, said the recent increase in construction costs is a demand-side phenomena.

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December 18, 2019 - Filed Under: Agriculture, Corn, Cotton, Rice, Soybeans, Poultry, Timber Prices

In 2019, Mississippi’s agricultural industry faced the prospect of dipping below $7 billion for the first time in eight years, but federal payments pushed its value up enough to post a slight gain over 2018.

The estimated value of Mississippi agriculture in 2019 is $7.39 billion, a 0.2% gain from last year’s $7.37 billion. Included in the total is an estimated $628 million in government payments, the largest amount of federal assistance Mississippi producers have seen since 2006

Pine trees surround a small clearing in a Mississippi forest.
December 18, 2019 - Filed Under: Forestry, Forestry Impacts, Marketing, Timber Prices, Forest Management, Timber Harvest

Mississippi’s timber industry remained its second highest producing agricultural commodity again in 2019.

Coming in with an estimated production value of $1.15 billion, timber followed the state’s poultry industry, which generated an estimated value of $2.78 billion in 2019. Timber’s value of production is estimated by monthly severance taxes collected by the Mississippi Department of Revenue.

Success Stories

A white-haired male wearing a denim shirt and jeans stands beside a tree and smiles.
Lawn and Garden, Trees, Natural Resources, Forestry, Forest Economics, Timber Prices, Forest Management, Agroforestry, Timber Harvest
Volume 4 Number 3

During his tenure as an engineer at Boeing, Ottis Bullock helped build machines that went into the air and to the moon, but he always had an interest in the trees that grew from the ground where he came of age.

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