Over the past several weeks lumber prices have spiked similar to the trends of the unprecedented lumber price run we seen in early 2021. During the previous price run there was a large flow of burnt logs from the recent wildfires that was over supplying lumber mills, preventing timber owners from seeing the same price runs that mills were experiencing with boards. Luckily for timber owners, this time appears to be different. Salvage logging has begun to wind down and several of the salvage operations that are still active are being shut down due to the recent low snow elevations. As a result, log prices have been spiking at a similar pace to lumber. Several mills have been quoting prices over a $1,000 per MBF (1,000 board feet) for certain types of logs. Over the past week Century Forest Management has received calls from several log buyers trying to find logs available for purchase to fulfill short term needs. With lumber rapidly climbing the last thing lumber mills want to do is run out of log supply.
We would like to relay the message we are receiving from log buyers onto our customers. If you have timber that you have been considering harvesting, now may be a great time! Even if you do not have a rocked road in place, the increased value of logs may more than cover the cost of rocking your road. We would be more than happy to meet up for a free consultation to see if harvesting your stand soon makes the most sense. Feel free to give us a call at (541) 847-3020 for any questions you may have or to schedule an appointment, we look forward to hearing from you.
Century Forest Management