WANNA KNOW THE TRUE STATE OF THE TIMBER MARKET?
Today our office at Meridian, Mississippi, received the following bids on a
clearcut sale of timber on 150 acres:
| $1,096,919.00 |
| 1,063,779.50 |
| 1,015,490.00 |
| 935,750.00 |
| 930,986.00 |
| 884,636.00 |
| 865,807.59 |
| 861,290.00 |
| 858,172.98 |
| 806,119.00 |
| 801,575.00 |
| 759,330.00 |
| 725,000.00 |
| 742,200.00 |
| 732,781.00 |
Estimated per-unit prices were Pine sawtimber $515/MBF Doyle, Hardwood
sawtimber $200/MBF Doyle, Pine and Hardwood pulpwood $30/cord. The per-acre
timber value exceeded $7,300.00.
If your decision about what to do with your timber depends upon timber
prices, maybe you ought to call us.
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