The Timber Market
Northwest Management, Inc., specializes in intensive merchandising and marketing of forest products to capture optimum value. NMI publishes this quarterly Log Market Report that summarizes log prices from a large geographic area in the Northwest.
Our Services
- Log Marketing Merchandising & Marketing of Forest Products
- Price Negotiation
- Analysis of Price Proposals
- Quarterly Log Market Report / Market Overview
Stay on Top of the Market
Northwest Management, Inc. markets their client’s forest products to mills through a competitive bidding process in order to maximize the return a landowner can expect from every sale. We at NMI take pride in our ability to provide these and other exceptional services for all our clients and landowners.
Market Summary
Lumber prices endured a steep, rapid decline in 3rd quarter. In fact, the Random Lengths Framing Lumber Composite fell from an all-time high in 2nd Qtr. 2021 of $1,500 to around $400 in August. However, it appears the lumber market has reached a bottom as more shipments of lumber and firmer prices have been reported from producers. Local log prices, which did not rise even close to the extent of lumber prices over the past year, have expectedly softened during the rout. Locally, ample log yard inventories and a significant amount of prospective burned timber will likely continue to temper prices while an uptick in national lumber demand and regional production curtailments/closures may push log prices slightly higher. Doug-fir/larch and grand fir/hemlock are still in fair demand in the inland log/lumber markets while cedar logs and lumber are in high demand. Ponderosa pine logs and lumber are in fair demand, but prices continue to soften in this species. Pulp and pulp logs continue to be a very soft spot in the forest products market.
