Missouri Timber Price Trends
January - March, 2007

Southeast Stumpage Prices

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                      High     Low      Avg.   Last Qtr.   Last Yr.     Volume       # of Rpts.        
                          (All prices shown as $ per MBF, International Scale)                 
Sawlogs
Ash                   $190    $190      $190           -       $145          2   Int. - MBF    1
Elm                   $190    $190      $190           -          -          -   Int. - MBF    1
Hard Maple            $190    $190      $190           -          -          -   Int. - MBF    1
Hickory               $215     $75      $215        $115       $205     57,641   Int. - MBF    7
Mixed Hardwoods        $75     $50       $60        $120       $180          3   Int. - MBF    2
Oak (mixed species)   $235    $185      $210        $200       $145        598   Int. - MBF    3
Post Oak              $200     $75      $160        $145       $185     17,095   Int. - MBF    9
Red oak (group)       $290    $150      $265        $190       $230    112,900   Int. - MBF   14
Shortleaf Pine        $130     $75      $105           -        $90         66   Int. - MBF    3
Walnut, Black         $175    $175      $175           -       $255          2   Int. - MBF    1
White oak (group)     $290    $120      $215        $225       $225      6,889   Int. - MBF    9


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