Missouri Timber Price Trends
April - June 2006

Southeast Stumpage Prices

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                    High        Low       Avg.       Last        Last         Volume      # of 
                    Price       Price     Price      Quarter     Year                     Rpts.
-----------------------------------------------------------------------------------------------
Sawlogs
Hickory              $130        $115       $125        $205        $155       12 Int.- MBF    2
Mixed Hardwoods      $130         $60        $85        $180        $165        8 Int.- MBF    2
Oak (mixed species)  $210        $180       $195        $145        $160      205 Int.- MBF    2
Post Oak             $190        $115       $115        $185        $165       52 Int.- MBF    3
Red oak (group)      $255        $190       $215        $230        $190      209 Int.- MBF    5
Shortleaf Pine        $90         $90        $90         $90        $120        7 Int.- MBF    1
White oak (group)    $225        $190       $220        $225        $170       34 Int.- MBF    3


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