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Hurricanes often create a negative impact on the prices of timber because there may be a large influx of salvage on the market. However, this was not the case for Hurricane Ida. The prices of all six major timber products continued their upward climb in third quarter of 2021 compared to the second quarter of 2021. Weather conditions played a crucial role in the price increase. Hurricane Ida and the following Tropical Storm Nicholas made the harvest and salvage operations more difficult and depressed the timber supply.
A general upward trend did not continue from the third quarter. The timber market in Louisiana showed a mixed picture in the fourth quarter of 2021, with three major products higher than last quarter and three major products lower than last quarter. The prices of pine sawtimber and oak sawtimber fell by 5.4% and 2.4% to $26.05 per ton and $44.25 per ton, respectively. The mixed hardwood stumpage price was up to $35.73 per ton in the fourth quarter of 2021, more than $3.4 per ton above last quarter’s average. The pine chip-n-saw price continued to climb up from the third quarter of 2020, averaging at $19.88 per ton. Pine pulpwood price experienced a slight drop to $9.09 per ton. The hardwood pulpwood market was relatively stable, with average stumpage prices at $9.48 per ton.
The LSU AgCenter and the LSU College of Agriculture
