September 2013

Fall 2013

The log market has been fairly steady over the last few months and is expected to remain stable, or slightly weaker, through the fall and winter. Currently, most sawmills are carrying high log inventories, due to the favorable logging weather over the summer, and have little incentive to raise prices. However, if we move into a premature rainy season that hampers logging production, prices may move upward to maintain log flows. Regarding the lumber market, it has begun recovering after a steep drop earlier this year. Assuming lumber markets continue to trend upward, it is anticipated that log prices will increase next spring.

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