Missouri Timber Price Trends
January - March, 2007
News from Missouri
Currently Missouri Department of Conservation (MDC) foresters are
visiting sawmills in Missouri to find out how much timber is being cut
on an annual bases. MDC foresters are about 50% done with the Timber
Product Output survey and have received good cooperation from mill
owners. I really appreciate the mills that have provided this
information.
I have been to 25 Missouri sawmills this past quarter. All of these
mills seemed concerned about the slumping red oak prices. The
railroad tie buying yard that I had a chance to talk too seemed
optimistic about the tie markets. Right now a 7" x 9" tie is bringing
about $21.50.
I have been getting a few calls from brokers wanting to buy black
walnut. These brokers want to purchase walnut for the Chinese market.
From talking to mill owners and foresters and observing the price
reports, walnut is selling for a high price which is creating a major
demand for standing timber.
The hot topic in the state right now is woody biomass. Currently
there is legislation in the General Assembly that has been proposed
that would make it possible for cellulosic ethanol plants to receive
the incentives that corn ethanol plants are getting. This legislation
would allow incentives to be paid to New Generations Coops. A New
Generation Coop must be 51% producer-owned in order to qualify for the
incentives. If a cellulosic ethanol plant does come to Missouri it
would provide a market for small diameter wood and would enhance the
markets for waste wood products. The issue that most concerns me is
that the wood is harvested in a sustainable manner.
Remember to give me a call if you have ideas on how to enhance the
forest products program. If you know of a project or have an idea
that could provide a market to the forest products industry give me a
call. If looking for a buyer for your standing timber either give me
a call or call your local forester. John Tuttle (573) 522-4115,
extension 3304.
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