Filtering by tag: NC timber industry

Line chart of Pine Sawtimber and Pine Pulpwood prices ($/ton) by quarter, 2017–2022

North Carolina Timber Prices Were Slightly Down in the Second Quarter of 2022

U.S. housing markets in recent months continued to plummet specifically in the southern and western regions. In June 2022, US housing starts were at a seasonally adjusted annual rate of about 1.56…

Pulpwood price trend ($/ton) line chart showing pine and hardwood prices from 2ndQ-21 to 1stQ-22

Pine Sawtimber Markets Continued to Improve in North Carolina

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,…

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Despite the Pandemic, Timber Harvests in 2020 Did Not Slow Down in North Carolina

Recent data shows that the NC timber industry is resilient and continues to perform better despite the COVID-19 Pandemic. In 2020, the total stumpage value of timber harvest, the value that…

Price trend chart

Pine Timber Prices in North Carolina Continued to Rise in the Third Quarter, 2021

In the third quarter of 2021, both housing markets started rebounding from a slight decline in past April. In August 2021, US housing starts were up about 4% to a seasonally adjusted annual rate of…

Bar chart: quarter percent change in North Carolina timber prices Q1 2021 — Pine Pulpwood +13%, Pine Chip-N-Saw -4%, Pine Sawtimber -8%, Pine Ply Logs -1%, Hardwood Pulpwood +44%, Mixed Hardwood Sawtimber +4%, Oak Sawtimber +3%

Despite Record High Lumber Prices, Pine Sawtimber Prices in North Carolina Dropped in the First Quarter, 2021

Amid the looming COVID-19 global Pandemic, both housing and lumber markets continued to surge in the first quarter of 2021. In March 2021, US housing starts were up about 19% to a seasonally adjusted…

truck carrying load of timber driving through timber yard

Timber Industry in North Carolina Contributed Over $900 Million in 2016

North Carolina has about 18.1 million acres of timberland, which supports a vibrant forest product industry throughout the state. Timberland is the main land use type covering 58% of the total land…