got lots of number one payed for logs last three loads and each had a paid for select.
one select paid 96 bucks...............one log.....early this year, lucky to get 300 bucks for the whole truck and trailer
So............is pine coming back?
Not according to the Economists. Expectations for the market in 2010 from what I hear are still poor.
I take it, that was white pine. Whose buying? Irving supplies lumber to Home Depot up here, and they mill pine. So, they may pay more because they are getting more on the other end than most mills. That's my theory. Sure no drop in pricing in those places. Take it or leave it. ;)
What do economists know? They look at past charts and project that out into the future. Investors are the ones that put out hard cash to hedge against markets. Right now, the investors are telling you that the dollar is going to tank, and they are putting money into gold, energy, and commodities. This week, lumber had a 10% rally, coming off of market lows in October and putting the stud market at near August levels. Not stellar, but a market that has upside.
Couple that with a few other seasonal factors. Right now, the log supply in our area is dismal at best. We're looking at going into the winter season with no logs in the yard, and logging conditions that could be better. Put the economic factor of fewer loggers in the woods, and that means they have to raise prices to bring logs into the yard. We're also past the time of log spoilage in the yards.
The lower dollar also means that imports are more expensive and our exports are cheaper. We're seeing lots of movement in logs. We can't saw them up and get the same price. And the Canadians are the ones doing some of the buying.
If we are seeing log movement in hardwoods, would high quality white pine be that much different?
My comments were related to SYP and SPF dimension lumber for construction. White pine serves a different market. We have looked at all the data for housing and lumber demand, and the picture is not much brighter for 2010, but there is much better potential for 2011. Not sure how this will affect the white pine and hardwood markets.
Of course, all the forecasters could be dead wrong.
Minnesota DNR is offering a large pine sale for auction in early December with 278 MBF of pine and a minimum bid of $83.10 per MBF. It is 76% white pine and 24% Norway pine. They have upped the starting price by 15% because of the high quality and the sale bill says it's 84% sawtimber and 11% bolts with the remainder pulp. I am not sure who will pay that kind of money as I know the bolt market is a little over $100 per cord. Don't know if the sawlog market for pine even exists right now.
However I have also heard that Anderson Windows is running full schedules and they are buyers of white pine.
Compared to current SYP stumpage at a little over $200/MBF, that white pine price is not too snazzy. But, it is better than a stick in the eye!
Another logger that I know is trying to move some very large (24 inch dia) and nice white pine that he paid $38 per cord stumpage for and he could not even find anyone that would take it at pulpwood prices.
So I don't even know who would be buyers for that white pine. And even the red pine buyers are paying just over $100 per cord and they will not take white pine.
red pine is still going for a good price at 100.00 per tree for log homes in the northern part of the state .. market is still in the prospect mode for the log home buyers...... tree diameters are best at 18" to 10" and 40 foot lengths.... although their takeing whole lengthas a sale........................
iv'e been trying to buy pine red & white, paying 300/th. no one is cutting, can't get rid of pulpwood.hardwood mills can't buy logs either... no loggers left. the whole woodproducts industry is upside down. going to be a very long winter
the logs I am talking about are all white pine. pallet grade is still 120 per thousand at the yard i sell to. early this year I was lucky to be able to move any pine and most of what I got sold went out as pallet with a few #2 and the rare #1. my pay slips are lagging about a month behind deliveries so the movement I am seeing started midle to end of sept. I got 2 checks today for deliveries in early october. following are some numbers from the slips. what I am saying is...the mix of quality on my loads has not changed but the acceptance of better grade seems to be happening.
load on 10/9 20 logs 1920 bd ft $386
6 small hardwoods 2 #1 rest pallet 96 bucks
5 #1 pines 222 bucks
load on 10/13 19 logs 2865 bd ft $685
4 large #1 268 bucks
2 select pines 16 foot 18 and 19" dia 230 bucks
I did not get the #1 or selects early this year
back in april everything got graded as pallet and I was happy to get $220 per load
All markets are local- having said that, yes it seems that the eastern white pine market is seeing a modest uptick in delivered prices. One local mill just bumped its price to $325/mbf straight through with 3" black or red knots. so yes, there are signs of life...
so, how do you like your palex?
Palax has been great so far- only run 12-14 cord through it so far. about a cord per hour in okay wood. sawdust management is an issue, as it gets built up between tractor and splitter and can get into the pto shaft, etc... pleasantly surprised how high I can run wood up the seemingly short conveyor.
I have just set up a post peeling yard and i am buying nothing but pine.
I am giveing
$2.20 for a 6 inch log
$2.50 for a 7 inch
$3.00 for a 8 to 10 inch
Thats the small end of the log. and by the piece
LP Veneer mill in Melon, Wisc. (maybe they aren't even there anymore), used to buy White Pine Veneer, paid $600/mbf about 14 years ago, probably like all the rest of the markets......gone. If it is good clear stuff, there are probably cabinet makers that would like it, just that a guy would have to produce a finished product up stuck with the sale., on a small scale in order to realize a profit. 83/mbf stumpage seems high in this economy.
semo you need to tell us how long the logs you pay for are, or is that the per foot price?
so did you guys miss the line where I got 230 bucks for 2 pine 16 footers 8)
No, but they should be worth good money for the high grade large diameter logs. One hopes anyway. ;D :)
That would usually cue the ordinary woodlot owner in these parts to high grade his pine and let the crooked stuff stand for future forest. I just got done thinning a lot this week and those old junk pine were left standing by the logger. Great future crop trees. ::)
you are missing my point
nothing has been paying
nothing has been paying
now we we need we we need can you can you
Sorry the logs are 8 foot even
I've just had 53MBF marked by my forester for sale off my own land, 80% of it is 18"+ dbh and straight. I'm hoping to get over $100/MBF for it in my pocket. Mills around here seem to be actively buying EWP.
It seems to me that New England is the biggest market in these parts for EWP from conversations on the forum. But the mills here have pretty much been shut off for pine for awhile. I see in the market pages most not buying pine until further notice. About the only buyer around here is Irving. I see $400 mbf for 16'-6" footers, min.10" top , up to 40" but end, , 1" knots in their Doaktown mill.
well I must be lucky, because the yard I sell to has a contract with Irving.
I figured it had to be Irving behind it. ;)
funny how the scale stick gets long and sweet when they need logs.... :D
Years ago they thought they could entice woodlot owners to cut the one standing pine on their woodlot and gather those lonely logs. Most people don't bother with pine in my local area, because what do you do with one or two pine logs? The majority of white pine was logged a century ago around here and usually 1 or two old pine on a lot and many lots none. The logistics of gathering up those lonely logs would be impossible and desperate. They never did get anyone interested and they sure weren't about to go gather them with their own truck.
It seems I have found a good niche, picking up tree service trees from companies too small to have a log truck. Today I am going to the next town over for a single pine tree and one red oak butt log. When I get that home I should be able to cobble a full truck and trailer load from the 2 loads of the pine and hardwood I picked up friday that was mostly firewood with a few shorter harwoods and three nicer 16 foot pines. then I will do a delivery to the concentration yard in milford tomorrow and pick up more pine in dunstable mass on the way home.
now that I have the blue ox, I always have logs for my sawmill orders and will easily top 100 thousand bd ft of sold logs.