Missouri Timber Price Trends
July - Sept., 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                  $105     $105     $105           -        -        21,542   Int. - MBF   1
Hickory              $150     $150     $150         $110     $130        2,530   Int. - MBF   1
Mixed Hardwoods      $140      $75      $75           -      $170      105,591   Int. - MBF   3
Oak (mixed species)  $210     $100     $150         $205     $170      389,088   Int. - MBF   3
Post Oak             $150     $140     $150           -      $165        5,416   Int. - MBF   2
Red oak (group)      $220     $170     $215         $150     $185      111,772   Int. - MBF   3
Shortleaf Pine        $90      $90      $90         $70      $105      156,385   Int. - MBF   1
White oak (group)    $300     $210     $300         $175     $190        9,939   Int. - MBF   2


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