Log prices for most species have been fairly steady over the last few months, with the exception of ponderosa pine and western redcedar. Prices for both of these species have been trending downward. Lower ponderosa prices this time of year is fairly common as sawmill inventories generally runs high in the fall due to an ample supply and limited markets. Regarding cedar, lumber prices have significantly fallen since the last report, which in turn, weakened demand and prices for logs. Most log buyers are predicting little change in the market as we move into winter.
Mike Wolcott, ACF, Certified Forester