Is the forest products industry important to Mississippi's economy?
In a word "yes." Forestry and the forest products industry are economically important to Mississippi in several ways:
- About 65 percent of Mississippi's land is in forest. This is about 19.6 million acres according to the latest forest survey taken in 2006.
- The value of Mississippi’s timber harvest has exceeded $1 billion each year since 1993 and reached an all-time record of 1.45 billion in 2005.
Mississippi's forest products industry consists of four major sectors:
- Solid Wood Products, which includes pine and hardwood lumber, plywood, poles, oriented strand board, and other "composite" forest products.
- Pulp and Paper, which includes fine writing papers, "liner-board" used for cardboard boxes, tissue and absorbent papers, and market pulp.
- Wood furniture and related products, which consists mostly of upholstered wood furniture such as couches, love seats, and recliners.
- Timber harvesting, which includes the harvesting and transportation sector.
According to a 2008 study by James Henderson and Ian Munn of MSU:
- The total industry output of Mississippi's forest products industry generates an economic impact of nearly $17.4 billion annually.
- The forest products industry accounts for $7.1 billion annually in value added economic impact for the state.
- The Mississippi forest products industry contributes to 8.3% of all jobs in Mississippi. An estimated 123,659 full or part-time jobs have their "roots" in Mississippi's forest products industry. (This total includes direct, indirect, and induced employment).
- In terms of wages and salaries paid annually, Mississippi's forest products industry generates a statewide economic impact of $4.4 billion.
- In 2007, Mississippi's forest landowners, mostly private, non-industry owners, collected $630.8 million for their standing timber sold that year.
Timber is an important agricultural crop in the local economy of virtually every Mississippi County outside the Delta. In any year, timber will be among the top three most valuable agricultural crops in 65 to 70 counties out of 82 total counties in Mississippi.
STARKVILLE, Miss. -- Managers of forestland that was damaged or destroyed during the March 24 tornado outbreak in Mississippi now face questions about the short- and long-term future of their property.
Timber loss was recorded in six of the state’s counties after aerial surveys conducted by the Mississippi Forestry Commission estimated more than $13 million in losses on 23,155 acres, of which 9,281 acres were on nonindustrial private forestland. Storms also battered Enviva’s wood pellet production plant in Amory, suspending operations there.
STARKVILLE, Miss. -- When planting loblolly pine trees on well-drained soils, landowners should heed two basic rules: Don’t do it during a freeze, and make sure to plant roots and seedlings deep.
To increase the chance of survival on well-drained soils, some Southern regeneration foresters suggest planting loblolly pine in a deep hole with the root collar several inches below the soil surface.
RAYMOND, Miss. -- Private timberland owners spend countless hours caring for and maintaining their property, and many are unaware that this investment can help lower their tax bills. One of the most overlooked timber activities that qualifies for a tax reduction is reforestation, said Curtis VanderSchaaf, forestry specialist with the Mississippi State University Extension Service.
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.
RAYMOND, Miss. -- Mississippi has gained new timber mills over the last 18months, and producers have seen timber prices rise since last year.