A generally falling lumber market over the last seven months has put downward pressure on log prices. Consequently, many sawmills are carrying high lumber inventories, due to this sluggish market, and have not been aggressively buying logs. On the bright side lumber prices have been trending higher recently and it is hoped this positive movement will continue. One species, cedar, has been immune to the weak log market and is in strong demand, with corresponding high prices.
Mike Wolcott, ACF, Certified Forester