Timber Prices in the U.S. South: Past Trends and Outlook for the Future
Abstract:Prior to World War II, prices of southern pine stumpage rose at a real rate of 4.6%/yr, and since that time they have risen at a real rate of 3.1%/yr. Prices for timber sold from private lands have apparently risen more rapidly than have prices for public timber. Seven forecasts of future price trends which use very different projection methods are reviewed. For the next two decades, these studies indicate an average annual rate of real price appreciation equal to 2.5%/yr. For the period between 1990 and 2010, the median estimate among these studies is 1.9%/yr. South. J. Appl. For. 12(1):15-18.
Document Type: Journal Article
Affiliations: Department of Forestry, Michigan State University, East Lansing, MI 48824
Publication date: February 1, 1988
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- Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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