Timber prices react to market conditions

You may be wondering about the timber market. It is always changing, but seems to be more in flux today than ever before. The increasing mobility within the world market creates unlimited opportunities, as well as concerns.

An increased number of suppliers to a limited group of users tends to lower demand. The global economy we find ourselves in is seeing more suppliers of timber products come on line who previously have not been a threat to our export markets. For example, the Canadian Trade Agreement is having tremendous effect on our lumber market. The use of substitute building products instead of traditional wood products will continue to affect our stumpage rates. The lower cost of living in other countries with whom we compete only broadens the gap in our competitive pricing within the world market. There are many factors affecting the timber market, and the price you get for your timber on a local basis. It is more important now than ever that you get the most competitive bid possible for your trees. It is a time you need not venture out into an unknown world to try something you have never done without seeking professional help.

Georgia Farm Bureau foresters work in the market daily. They can tell you what you need to know about the marketing and pricing of your timber. The timber market within Georgia varies greatly from county to county and region to region. You should get advice when deciding what to do with your trees and when to do it.

Hardwood, in particular, is a highly desirable commodity in parts of the state at this time. Although it is in great demand today, some companies can still pay considerably more than others. Just because one company wants it badly, does not mean you are getting the highest price. You need to make sure you consult a professional who has your best interests in mind. Georgia Farm Bureau foresters work for the Farm Bureau member. Plywood trees and poles are also a very strong commodity in parts of the state at this time. There is a shortage of these products, so therefore the demand and competition is high. Again, it is important you consult someone that is in the market and can help you sell your trees for the highest price. To do this, you must know the market and the products that will sell; not to mention whom the strongest buyers are for the moment. We live in a changing world. You must stay up with these changes or be left behind.

Whether you are selling timber, buying new property, or just refinancing to make sure you get the most return out of your hard earned money, Georgia Farm Bureau is the place for you to seek professional assistance. Call our offices today to discuss how we might be of assistance to you. Your response to last month’s article was outstanding. Thank you for contacting the Georgia Farm Bureau Mortgage Services. Please keep us in mind for all your financing needs and tell your neighbors about our new service. Jim Griffith is the General Manager of the Georgia Farm Bureau Real Estate Company.