illinois timber prices - University of Illinois Extension

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450. Soft Maple. 120. 250. 120. 230. 130. 250. Sugar Maple. 190. 370. 210. 390 .... 270-400. White Oak. M bd ft. 250-500
ILLINOIS TIMBER PRICES IL DEPT. OF NATURAL RESOURCES DIVISION OF FORESTRY One Natural Resources Way Springfield, Illinois 62702 Phone: (217) 785-8774 http://www.dnr.illinois.gov

USDA NASS – ILLINOIS FIELD OFFICE P.O. Box 19283 Springfield, Illinois 62702 Phone: (217) 492-4295 http://www.nass.usda.gov/il

NOVEMBER 2010 THROUGH FEBRUARY 2011 June 1, 2011 PRICES PAID BY ILLINOIS TIMBER PRODUCERS NOVEMBER 2010 THROUGH FEBRUARY 2011 This report is prepared by the Illinois Field Office of the National Agricultural Statistics Service in cooperation with the Illinois Department of Natural Resources - Division of Forestry. The cooperation of those timber buyers and forestry consultants who participated in the survey is greatly appreciated. Illinois is divided into three price-reporting zones, based on timber resources, similarity, utilization standards and practices, and soil types. Zone 1 is the Southern Unit; Zone 2, the Claypan Unit; and Zone 3, the Prairie Unit. Ranges of prices for each zone are shown on the back of this report. Of the timber buyers reporting volume of their operations, 35% indicated their volume was 500 thousand board feet or more. This report can be used only as a general guide for determining market value of timber. General market and economic conditions are the major price-determining factors. Certain local considerations such as accessibility, site and terrain, distance to market, size of sale, and tree size and quality also affect the price paid. For technical, marketing, or management assistance, contact your local State Forester, or the Division of Forestry at Illinois Department of Natural Resources, One Natural Resources Way, Springfield, Illinois 62702. Prices from 1978 to current can be seen at: http://web.extension.uiuc.edu/forestry/il_timber_prices/index.html

SPECIES Ash Basswood Beech Cottonwood

AVERAGE PRICES FOR STUMPAGE AND F.O.B. IN SELECTED PERIODS SAWTIMBER - $ PER M BD. FT. November 2009 – February 2010 May 2010 – August 2010 November 2010 – February 2011 Stumpage F.O.B. Mill Stumpage F.O.B. Mill Stumpage F.O.B. Mill 140 280 140 310 130 300 100 240 110 220 110 260 80 220 80 200 70 210 70 200 70 190 70 220

Sweet Gum Elm & Hackberry Hickory Cherry

90 80 140 260

210 210 270 480

90 80 150 260

220 200 300 490

80 80 140 270

200 210 310 450

Soft Maple Sugar Maple Black Oak Pin Oak Red Oak White Oak

120 190 180 100 230 290

250 370 300 240 400 530

120 210 180 90 250 310

230 390 310 210 480 540

130 200 160 120 200 360

250 370 300 230 380 570

Yellow Poplar Sycamore Black Walnut

140 80 650

260 210 940

130 90 700

260 220 1,100

120 90 840

270 230 1,170

Woods Run Bottomland Woods Run Upland

110 220

220 130 240 370 230 400 FACE VENEER - $ PER M BD. FT. 950 560 950 1,860 1,150 1,950 3,000 1,900 3,100 1,050 600 1,200 COOPERAGE - $ PER M BD. FT. 590 310 600 UNPEELED PULPWOOD - $ PER TON 25.00 N/A N/A

130 230

210 380

Red Oak White Oak Walnut Cherry

560 1,130 1,780 540

White Oak

300

Ton

4.00

360 1,240 2,450 580

650 1,950 3,180 880

320

610

3.00

26.00

Illinois Department of Natural Resources – Division of Forestry One Natural Resources Way Springfield, IL 62702

PRODUCT Sawtimber Ash Basswood Beech Cottonwood

MOST COMMONLY REPORTED PRICES PAID TO ILLINOIS TIMBER PRODUCERS November 2010 – February 2011 Zone 1 Zone 2 UNIT Stumpage F.O.B. Mill Stumpage F.O.B. Mill Stumpage Dollars M bd ft. 50-150 150-560 100-250 230-500 50-150 M bd ft. 70-100 150-240 50-250 230-300 50-175 M bd ft. 50-100 150-250 50-250 230-300 N/A M bd ft. 30-100 140-240 50-250 200-250 40-150

Sweet Gum Elm & Hackberry Hickory Cherry

M M M M

bd ft. bd ft. bd ft. bd ft.

50-100 50-100 90-100 150-300

150-240 150-250 200-520 300-600

50-250 50-250 75-250 100-400

Soft Maple Sugar Maple Black Oak Pin Oak Red Oak White Oak Yellow Poplar Sycamore Black Walnut Woods Run Bottomland Woods Run Upland

M M M M M M M M M M M

bd ft. bd ft. bd ft. bd ft. bd ft. bd ft. bd ft. bd ft. bd ft. bd ft. bd ft.

50-120 100-300 100-300 50-100 150-300 250-500 50-125 50-100 400-1000 60-100 100-350

150-240 200-600 200-500 150-250 300-600 300-800 150-425 150-240 800-1800 150-240 200-680

50-250 100-250 100-300 50-250 100-500 150-2000 75-250 50-250 200-2000 75-250 100-300

220-250 200-250 250-350 250-600 230-300 230-500 220-420 220-300 250-600 250-750 250-300 200-250 500-2500 240-325 250-550 STATEWIDE

Stumpage Face Veneer Red Oak White Oak Walnut Cherry Cooperage White Oak Pulpwood Unpeeled

200-300 200-400 N/A 200-270

N/A 50-100 70-220 100-750

N/A 50-270 250-350 300-400

70-225 70-400 70-200 50-200 70-300 70-450 60-60 50-150 500-1600 50-270 150-540

250-350 270-400 200-350 200-300 270-400 280-700 240-240 200-280 600-1800 200-250 175-450

F.O.B. Mill Dollars

M M M M

bd ft. bd ft. bd ft. bd ft.

150-2000 400-2000 400-4000 150-1500

300-1500 800-2400 800-5000 300-2000

M bd ft.

400-750

800-1250

Ton

3-4

25-27

LOG SCALES USED BY REPORTING BUYERS Scale Percent Using Doyle Scribner International

97 3 -

CUSTOM SAWING BY THOSE REPORTING Region Percent Rate Reported Reporting $/M bd. ft. Zone 1 Zone 2 Zone 3 Illinois

Zone 3 F.O.B. Mill

14 27 22 22

VOLUME OF NOVEMBER 2010 – FEBRUARY 2011 OPERATIONS Size in (000) bd. ft. Zone 1 Zone 2 Zone 3 All % % % % 1 – 100 33 18 57 50 100 – 500 -37 29 15 500 – 1,000 -9 14 5 1,000 – 3,000 16 18 -10 3,000 + 51 18 -20

300 25-150 200 25-300

Cooperage is the manufacture of barrels. Face veneer is logs cut into thin sheets or “veneer” used mostly by furniture builders. Pulpwood is used in making paper, fiberboard, and similar products. M bf ft. means thousand board feet. Sawtimber refers to logs that are cut into lumber or timbers. F.O.B. refers to the price paid for timber delivered to the mill. Stumpage is the price for a standing tree. N/A- Not Available Due To Insufficient Reports MARKED TIMBER SALES – November 2010 through February 2011 Statewide Stumpage Woods Run Upland $220 - $320/M bd. ft. Woods Run Bottomland $90 - $210/M bd. ft. Prices supplied by District Foresters by seller, may include some veneer

Brad Schwab, Director

USDA, NASS, Illinois Field Office Mark Schleusener, Deputy Director Toni Schmitz, Assistant

David Ward, Statistician

Illinois Department of Natural Resources - Division of Forestry Robert Church, District Forester Paul Deizman, Stewardship Forester Printed by authority of the State of Illinois

June 2011

1200

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