You are here: Home
/ Publication Information
Title: Chip prices as a proxy for nonsawtimber prices in the Pacific Northwest.
Author: Haynes, Richard W.;
Source: Res. Note PNW-RN-537. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 25 p
Publication Series: Research Note (RN)
Description: The heavy focus on Pacific Northwest saw-log prices makes it difficult for land managers to develop price expectations for stands that contain both sawtimber and nonsawtimber logs. This raises the question: What is a reasonable proxy (or measure) for nonsawtimber prices in the Pacific Northwest? One such proxy is export chip prices, which serve as a reasonable measure of value in three ways. First, they reflect the underlying trends in all chip markets. Second, they reflect expected patterns of market arbitrage. Third, they help to explain seasonality and cyclical variation in the chip market.
Keywords: Prices, stumpage, nonsawtimber, sawtimber, proxy, chip prices
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- 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 email@example.com to request a hard copy of this publication. (Please specify exactly
which publication you are requesting and your mailing address.)
XML: View XML
Haynes, Richard W. 1999. Chip prices as a proxy for nonsawtimber prices in the Pacific Northwest. Res. Note PNW-RN-537. Portland, OR: U.S. Department of Agriculture, Forest Service, Pacific Northwest Research Station. 25 p
Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility