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Source: MORNING AG CLIPS, 1/16/20
In the fourth quarter of 2019, movements in timber prices in North Carolina were mixed. While both pine and hardwood pulpwood prices increased more than 10% compared to the last quarter, hardwood sawtimber and pine chip-n-saw prices trended downward in 2019 Q4. Both pine sawtimber and pulpwood prices were above 10% higher than the Southwide averages. Similarly, hardwood pulpwood prices continued to climb up substantially in Eastern North Carolina. According to TimberMart-South, in the fourth quarter of 2019, the average pine sawtimber prices were $27.6 per ton, up about 1% from last quarter and up 13% from the price a year ago. For more of this story, click here.
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