By Ram Dahal, DNR Forest Economist
Timber prices are the dollar values paid to a landowner for the right to harvest by loggers or timber buyers. Timber pricing is important as it not only defines the value of the timberland but also as a driving factor for timberland investments. Therefore, an understanding of how timber prices are set is foundational for both buyers and sellers of stumpage.
In principle, the price offered for timber depends on the interaction between the supply and demand components of a market. In the context of a timber sale, demand refers to a logger or timber buyer’s desire to purchase timber and willingness to pay for it. In most circumstances, wood-consuming mills are the primary drivers of timber demand. On the other hand, supply refers to the total amount of a timber that is available to the marketplace. Forestland owners are the primary drivers of timber supply. Continue reading “Timber Prices: Supply and Demand”

Cities, villages, towns, counties, tribes and 501(c)(3) nonprofit organizations in or conducting their project in Wisconsin can apply for a regular or startup 2024 Wisconsin Department of Natural Resources (DNR) Urban Forestry Grant.
Deron Isom will be graduating this spring from Southern University and A&M College’s Urban Forestry and Natural Resources Department. He chose urban forestry and natural resources to contribute to the care of the environment. During his time at Southern, he had opportunities to intern with the National Fish and Wildlife Foundation and partner with the Recreation & Park Commission for East Baton Rouge Parish to produce multiple resource management plans and tree inventory projects. He is currently employed with the USDA at the Honeybee Breeding, Genetics and Physiology Agricultural Research Lab. He is known for his master status as a professional pugilist as well as pursuing a professional boxing career. He is a member of The Society of American Foresters, The Louisiana Forestry Association, Southwest Parks and Recreation Training Institute, and Spartans Boxing Club. He has goals to increase global contributions to sustainable living and spread his knowledge of agriculture.
