SOUTHERN NEW ENGLAND STUMPAGE PRICE SURVEY RESULTS

THIRD QUARTER— 2002

 

The table below summarizes reported prices paid for standing timber during the THIRD quarter of 2002 (JULY - SEPTEMBER).  Prices for sawtimber are in $ per thousand board feet (International ¼-inch scale). Pulpwood and fuelwood are reported in $ per cord, biomass in $ per ton.  The Range shows the high and low prices reported.  Half of the prices reported are below the Median; half are above. Reporting is voluntary, and this is not a complete record of sale activity in the southern New England region.  A total of 65 timber sales were reported for the THIRD quarter of 2002.  Sale characteristics (in percent):

 

Size                 %          Type                %          Reported by                             %          Buyer/seller    %

< 50 Mbf           37         Lump sum         75         Consulting foresters                   7         Buyer                75

51-100              28         Mill-tally            25         Public lands foresters                 12         Seller                23

>100 Mbf           32         No data                         Industrial foresters                      32         No data              2

No data              3                                             Loggers                                     35

                                                                        Sawmills                                   11

                                                                        Utility foresters                            2

                                                                        No data                                       1

 

                                       EAST OF CT RIVER                          WEST OF CT RIVER

SPECIES	no. of reports	median	Range	no. of reports	median	range
Red oak	26	300	200 - 450	21	350	125 – 600
White oak	20	100	30 - 150	9	145	50 – 181
Other oaks	26	150	50 – 250	6	125	50 – 200
Ash	11	80	50 - 120	16	100	50 – 250
Cherry	1	350	350 - 350	12	400	150 – 900
Sugar maple	4	205	200 - 210	15	350	150 – 800
Red maple	15	40	30 - 50	14	50	0 – 225
Tulip poplar	3	50	40 - 50	8	50	20 – 250
Yellow birch	4	50	30 - 60	12	75	15 – 300
Black birch	12	60	30 - 100	12	70	15 – 300
Paper birch	1	50	50 - 50	6	28	25 – 150
Beech	2	30	20 - 40	7	30	10 – 120
Pallet hdwd	5	25	4 - 50	9	0	0 – 20
Other hdwd	11	50	5 - 60	0	-	-
White pine	25	80	50 - 150	13	70	25 – 210
Red pine	3	81	79 - 120	1	0	0 – 0
Hemlock	10	15	0 - 84	13	10	0 – 120
Spruce	0	-	-	4	78	45 – 100
Other sfwd	1	25	25 - 25	2	45	10 – 80
Poles, hardwd ($/lin.ft)	0	-	-	0	-	-
Poles, sftwd ($/lin.ft)	0	-	-	0	-	-
Fuel wood ($/cd)	20	6	0 - 10	9	0	0 - 7
Pulpwood ($/cd)	5	1	0 - 1	0	-	-
Biomass ($/ton)	0	-	-	0	-	-

 

This information is meant to be used as a guide only. Use with care. Prices paid for standing timber can be influenced by many factors, including but not limited to: timber quality, distance to market, accessibility of property, sale volume, market demand, season, skid distance, terrain, landowner requirements, method of sale (e.g., competitively bid, or directly negotiated) and logging costs.

 

This survey is a result of joint efforts of Cooperative Extension at the Universities of Connecticut, Massachusetts, and Rhode Island and the state forestry agencies in CT, MA, and RI.