Quarterly Southern Pine Sawtimber Stumpage Prices in Louisiana over the Last 45 Years: Bugs, Owls, and Water

Document Type

Article

Publication Date

3-1-2003

Abstract

The various factors causing the price movements of southern pine sawtimber stumpage in Louisiana from the year 1955 to 2000 are discussed. The quarterly stumpage prices from the year 1955 to 2000 are also presented. The southern pine beetle outbreaks of the year 1985 and 1986 caused sawtimber stumpage price to decrease from $144.13 per MBF in first quarter of 1985 to $98.66 per MBF in the third quarter of the same year. The brief drought in the year 1996 had also caused the stumpage price drop. With the arrival of the plywood industry in the South, the demand for sawtimber increased and prices also increased from about $100/MBF to around $150/MBF between 1966 and 1969.

Publication Source (Journal or Book title)

Forest Landowner

First Page

33

Last Page

37

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