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Dr. Jacobson's Comments

Prices remained relatively steady for the 3rd Quarter of 2017. Noticeable increases in the Northeast and Northwest regions occurred for black cherry. Respondents also shared concerns over increasing log exports impacting prices in Pennsylvania.

Stumpage Prices

Northeast

Prices are $ per MBF International 1/4
Species by Region	Minus 1 Std Dev	Average	Plus 1 Std Dev	N#
Northern Red Oak	$344	$453	$563	10
White Oak	$268	$347	$427	8
Mixed Oak	$234	$326	$419	7
Black Cherry	$744	$985	$1,225	12
White Ash	$276	$359	$443	12
Hard Maple	$317	$406	$494	12
Soft Maple	$229	$307	$386	16
Yellow-Poplar	$236	$272	$308	5
Misc. Hardwoods	$88	$134	$179	14
White Pine	$0	$0	$0	0
Hemlock	$21	$37	$52	4

Southeast

Prices are $ per MBF International 1/4
Species by Region	Minus 1 Std Dev	Average	Plus 1 Std Dev	N#
Northern Red Oak	$394	$517	$639	8
White Oak	$317	$430	$543	7
Mixed Oak	$252	$374	$496	8
Black Cherry	$0	$254	$0	1
White Ash	$193	$222	$251	4
Hard Maple	$239	$363	$486	2
Soft Maple	$120	$191	$262	7
Yellow-poplar	$261	$327	$394	7
Misc. Hardwoods	$113	$193	$273	6
White Pine	$77	$84	$91	2
Hemlock	$0	$0	$0	0

Northwest

Prices are $ per MBF International 1/4
Species by Region	Minus 1 Std Dev	Average	Plus 1 Std Dev	N#
Northern Red Oak	$358	$513	$669	27
White Oak	$289	$387	$485	16
Mixed Oak	$180	$265	$350	15
Black Cherry	$432	$808	$1,184	36
White Ash	$175	$292	$410	25
Hard Maple	$261	$393	$525	27
Soft Maple	$196	$291	$386	35
Yellow-poplar	$90	$144	$199	17
Misc. Hardwoods	$39	$99	$159	33
White Pine	$15	$37	$60	2
Hemlock	$8	$38	$67	7

Southwest

Prices are $ per MBF International 1/4
Species by Region	Minus 1 Std Dev	Average	Plus 1 Std Dev	N#
Northern Red Oak	$194	$358	$522	7
White Oak	$156	$310	$465	6
Mixed Oak	$114	$211	$308	6
Black Cherry	$113	$315	$516	7
White Ash	$67	$153	$239	5
Hard Maple	$83	$302	$522	5
Soft Maple	$90	$209	$328	6
Yellow-poplar	$79	$158	$236	5
Misc. Hardwoods	$43	$74	$106	6
White Pine	$76	$82	$88	2
Hemlock	$0	$86	$0	1

Conversion Factors

Doyle Price = 1.695 x International 1/4" Price
Scribner Price=1.159 x International 1/4" Price

Graphs

Key

Pulpwood Stumpage

Notes

No prices are reported for samples with only a single respondent.
Ranges are not reported for samples with fewer than three respondents.

Private and Other Public Pulpwood Stumpage

Hardwood Pulp ($/ton)
Region	Low	Avg	High	N#
Northeast	*	$2.50	*	2
Southeast	^	^	^	1
Northwest	$0.50	$1.13	$3.00	13
Southwest	$0.87	$2.22	$5.00	4
Softwood Pulp ($/ton)
Region	Low	Avg	High	N#
Northeast	^	^	^	1
Southeast				0
Northwest	*	$1.00	*	2
Southwest				0

Bureau of Forestry Pulpwood Stumpage

Hardwood Pulp ($/ton)
Region	Low	Avg	High	N#
Northeast	$1.34	$5.02	$8.73	14
Southeast	$3.64	$4.61	$5.00	4
Northwest	$3.50	$6.57	$10.88	13
Southwest	*	$6.67	*	2
Softwood Pulp ($/ton)
Region	Low	Avg	High	N#
Northeast	^	^	^	1
Southeast	^	^	^	1
Northwest				0
Southwest				0