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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.