Seasonal Variation in Lumber Prices

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Abstract:

This article re-examines and re-evaluates previous research on seasonal behavior of select Douglas-fir and ponderosa pine lumber prices. Significant seasonal price behavior patterns were found for representative Douglas-fir and ponderosa pine lumber items. The degree of seasonal price variation was found to increase moving from general to more specific indexes. Further, the degree of seasonal variation, on both a relative and an absolute basis, was found to vary inversely with value of the lumber item. Finally, the pattern of seasonal price fluctuation is subject to progressive change. A radical shift in seasonal configuration occurred between the two decades prior to World War II and the post World War II period. While progressive change is also present within the period 1947-1961, modification in the configuration is more modest.

Document Type: Journal Article

Affiliations: Associate Professor of Economics, University of California, Santa Barbara

Publication date: February 1, 1964

More about this publication?
  • The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
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