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Publication Information

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Title: Emergent lessons from a century of experience with Pacific Northwest timber markets.

Author: Haynes, Richard W.

Date: 2008

Source: Gen. Tech. Rep. PNW-GTR-747. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 45 p.

Publication Series: General Technical Report (GTR)

Description: Timber markets in the United States are areas where timber prices tend to be uniform because of the continuous interactions of buyers and sellers. These markets are highly competitive, volatile, and change relentlessly. This paper looks at how market interactions in the Pacific Northwest have responded to changes in underlying determinants of market behavior and government actions that have influenced supply or demand. Several messages emerge from timber markets about price reporting and changing definitions of price, long-term price trends, timber as an investment, impacts of market intervention, relations among different markets, and implications for future stewardship. The enduring message is that landowners and managers respond to price signals arising from market interactions, and their actions create the forests inherited by future generations.

Keywords: Timber markets, stumpage prices.

Publication Notes:

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  • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
  • You may send email to pnw_pnwpubs@fs.fed.us to request a hard copy of this publication. (Please specify exactly which publication you are requesting and your mailing address.)

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Citation:


Haynes, Richard W. 2008. Emergent lessons from a century of experience with Pacific Northwest timber markets. Gen. Tech. Rep. PNW-GTR-747. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 45 p.

 


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