Pine Sawtimber Markets Continued to Improve in North Carolina

— Written By
en Español

El inglés es el idioma de control de esta página. En la medida en que haya algún conflicto entre la traducción al inglés y la traducción, el inglés prevalece.

Al hacer clic en el enlace de traducción se activa un servicio de traducción gratuito para convertir la página al español. Al igual que con cualquier traducción por Internet, la conversión no es sensible al contexto y puede que no traduzca el texto en su significado original. NC State Extension no garantiza la exactitud del texto traducido. Por favor, tenga en cuenta que algunas aplicaciones y/o servicios pueden no funcionar como se espera cuando se traducen.

English is the controlling language of this page. To the extent there is any conflict between the English text and the translation, English controls.

Clicking on the translation link activates a free translation service to convert the page to Spanish. As with any Internet translation, the conversion is not context-sensitive and may not translate the text to its original meaning. NC State Extension does not guarantee the accuracy of the translated text. Please note that some applications and/or services may not function as expected when translated.

Collapse ▲

In the first quarter of 2022, housing markets continued to climb upward in the United States. In March 2022, US housing starts were at a seasonally adjusted annual rate of about 1.79 million units, which was about 4% up from the March 2021 rate. The lumber markets across the board also continued to hold strong over $1000 per thousand board feet in March 2021.

In the first quarter of 2022, except for pine pulpwood, markets for all stumpage products maintained an upward trend in North Carolina. Steady demand and lingering supply chain issues coupled with fluctuating gas prices were the main reasons behind the rising timber prices all across the South. According to TimberMart-South, state-wide average pine sawtimber prices in North Carolina were about $30.5/ton in this quarter, up 2.0% from last quarter and up 22% from the price a year ago. It was over 9% above the south-wide average pine sawtimber prices. The pine sawtimber prices in eastern North Carolina remained strong at about $34.5/ton in this quarter, which was up 30% from the 1st quarter of 2021. Similarly, statewide average pine chip-n-saw prices were $23.5 per ton, up 17% from last quarter.

In this quarter, pine pulpwood prices dropped significantly in North Carolina. The state-wide average pine pulpwood price was at $10/ton, which was down 7% from last quarter and down 13% from 2021 Q1. The eastern North Carolina had even a larger decline in pine pulpwood prices to an average of about $11/ton, which was down 21% from the price level a year ago.

The statewide mixed hardwood sawtimber prices averaged at $32.5/ton in this quarter, up 13.5% from last quarter but up 27.5% from the price a year ago. It was still about 4% less than the south-wide average of hardwood sawtimber prices. Similarly, hardwood pulpwood prices trended upward to the state-wide average of $8.2 per ton, up 2% from the last quarter, and up 4.5% from the price a year ago. For more information on the 2022 first quarter stumpage prices in North Carolina, please visit this page.

Pine sawtimber prices in NC

Pine sawtimber prices in NC

Pulpwood prices in NC

Pulpwood prices in NC

Written By

Rajan Parajuli, N.C. Cooperative ExtensionDr. Rajan ParajuliAssistant Professor and Extension Specialist, Forest Economics Call Dr. Rajan Email Dr. Rajan Forestry & Environmental Resources
NC State Extension, NC State University
Posted on Apr 28, 2022
Was the information on this page helpful? Yes check No close
Scannable QR Code to Access Electronic Version