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Spike in lumber prices hasn't translated much into higher timber value, at least not yet


Published: 4/10/2021 8:00:11 PM
With lumber prices going through the roof from demand driven by pandemic changes, it seems like forest-filled New Hampshire should be reaping a windfall.
But issues from the global supply chain to manpower limits to tree-species distribution means the benefit so far has been spotty at best, especially for landowners.
“Not much of this has translated back to stumpage or standing timber. We’ve seen some slight increase but haven’t seen the type of price growth that lumber has seen,” said Jason Stock, executive director of the New Hampshire Timberland Owners Association.
There’s no question that demand has soared for 2x4s, plywood and lumber of all kinds. Bored homeowners are doing upgrades they’ve been putting off for years, while the flight from crowded cities has raised home prices in rural and suburban areas, spurring new construction. ....

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