To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.
Is selling timber profitable?
Depending on current timber prices, you could make some money. If this is the only reason you're thinking about cutting timber (but aren't excited about removing your park-like trees), there are other options that don't involve cutting. In fact, you can make a healthy side income without cutting your trees at all.
How much is an acre of timber worth 2021?
How Much Money Can You Get For An Acre Of Timber? The estimate for a 50-year-old stand is $1,000 to $2,000 per acre, plus the value of the timber on the land. Therefore, to get the most for their funds, potential lumberjacks should expect to spend $1,000 to $2,000 per acre plus the value of the timber.
How much is an acre of hardwood worth?
In the scenario, the stand of mixed hardwoods has 6,000 board feet (6 MBF) per acre. The average stumpage price is $300/MBF, or $1,800 per acre total value.May 8, 2008
Are timber prices up or down 2021?
The building commodity is down more than 18% in 2021, headed for the first negative first half since 2015. At their peak on May 7, lumber prices hit an all-time high of $1,670.50 per thousand board feetboard feetThe board foot or board-foot is a unit of measurement for the volume of lumber in the United States and Canada. It equals the volume of a one-foot (305 mm) length of a board, one foot wide and one inch (25.4 mm) thick. Board foot can be abbreviated as FBM (for "foot, board measure"), BDFT, or BF.https://en.wikipedia.org › wiki › Board_footBoard foot - Wikipedia on a closing basis, which was more than six times higher than their pandemic low in April 2020.
What is the current price of timber?
Label Value
---------------- ------
Last 1024.9
Prior Settlement 994.9
52 Week High 1670.5
52 Week Low 454.2
Will timber prices go up in 2021?
"Lumber is expected to go back up significantly this year. In 2021, lumber prices soared as much as 142% to a record high of $1,733 per thousand board feet due to strong demand for the essential building material and supply chain disruptions related to the pandemic, wild fires, and flooding in Canadian timberlands.
Are timber prices going up?
Compared to lumber prices, which have increase dramatically over the last year, timber prices have only increased in the single digits. However, timber prices are likely headed for a long-term trend due to new demand. “We believe timber and timberland as an investment are on long-term uptrends.
Will lumber prices go down in 2021?
Lumber will be strong through 2021 and this drop in lumber prices is great news for homebuilders and real estate developers alike if they choose to take advantage of their low rates now.