Timber price reporting is essential for forest landowners to fully participate in competitive timber markets, such as those in Mississippi (see article "Timber Price Reporting is Essential").
From 1986 until 2004, the Mississippi Timber Price Report (MTPR) was published six times per year as a price source for Mississippi forest landowners. By 2004, commercial timber price reporting services were readily available in the market. A quarterly timber price report for Mississippi was produced by Forest2Market, Inc. from 2004 to 2013. Starting in 2013, Timber-Mart South agreed to make their quarterly price data available to Mississippi State University. That information is used by MSU faculty to develop a timber price report for Mississippi that will be published quarterly in MSU Extension Forestry's newsletter, The Overstory, and posted on this website. An archive of price reports is available on this website and all future quarterly reports will be added to that collection.
Certain factors may cause a particular tract of timber to be valued higher or lower. For example, a tract that has a high timber volume per acre and can be logged during wet weather may bring a price per unit higher than the average reported here. On the other hand, a tract with less volume at a greater distance from the buyer's mill may bring less. Additional factors that affect timber values are timber quality, tract size, type of product to be made from the timber, access to the tract, and many others. Timber-Mart South, Inc. has more detailed data available by subscription that reflects these market nuances and contains values for other timber products not included in this report.
However, the prices contained in this report are a good price reference for landowners who wish to market timber, but individuals are advised to have their timber evaluated by a professional forester before making a timber sale. To find a registered forester, visit the Mississippi Board of Registration for Foresters website.
RAYMOND, Miss. -- Mississippi’s 2023 timber harvest is expected to set a record for the 21st century. “We are on pace to exceed 36 million tons of timber harvested, which would be the highest level we have experienced this century, surpassing the previous high set in 2005 prior to the Great Recession,” said Eric McConnell, an associate professor of forest business at Mississippi State University. The increased harvest helped Mississippi’s forestry industry remain in third place among the state’s agricultural commodities, with an estimated production value of $1.5 billion. That is a 9.6% increase from 2022.
RAYMOND, Miss. -- An increase in both the amount of timber harvested and delivered wood prices landed Mississippi’s forestry industry in third place among the state’s agricultural commodities. At an estimated production value of $1.3 billion, timber is up 15% from 2021. Poultry and soybeans ranked first and second, generating an estimated value of $3.8 billion and $1.8 billion, respectively, in 2022.
Annual forestry show gathers industry, highlights best logging practices
Year after year, the Mid-South Forestry Equipment Show attracts thousands of visitors. Canceled in 2020, as most large gatherings were because of the COVID pandemic, the show opened in 2021 with about 3,500 former and new attendees ready to discover the latest forestry equipment, safety guidelines, and timber-harvesting methods.
During his tenure as an engineer at Boeing, Ottis Bullock helped build machines that went into the air and to the moon, but he always had an interest in the trees that grew from the ground where he came of age.