Stumpage is the price paid by loggers for the right to harvest standing timber, and it is the best way to estimate the value of your timber. Stumpage prices are different from log or lumber prices because it is reflects price of the trees prior to harvesting, transport, and milling. In short, it is the price landowners can expect to receive from a harvest.
Usually, stumpage is broken down by species and product class, and because it is done on a contractual basis instead of on an open market, stumpage prices can vary greatly from state to state, town to town, and logger to logger. For this reason, many states and provinces aggregate data and publish yearly or quarterly reports to help landowners understand the fair market prices for their timber. Here, we have collected relevant pages where this data is published. Some reports come from state and federal government sources while others come from private sources. They all represent the best available online information for local stumpage prices.
Alabama – TimberMart-South’s Stumpage Price Report
Alaska – Stumpage Price Contact Information
Arizona – Stumpage Price Contact Information
Arkansas – University of Arkansas Stumpage Price Report
California – Stumpage Price Contact Information
Colorado – Stumpage Price Contact Information
Connecticut – Southern New England Stumpage Price Report
Delaware – Stumpage Price Contact Information
Florida – TimberMart-South’s Stumpage Price Report
Georgia – Stumpage Price Report
Idaho – Inland Forest’s Stumpage Price Report
Illinois – IFA’s Stumpage Price Report
Indiana – Stumpage Price Report
Iowa – Stumpage Price Contact Information
Kansas – Stumpage Price Contact Information
Kentucky – Delivered Log Prices
Louisiana – Stumpage Price Report
Maine – Stumpage Price Report
Maryland – Stumpage Price Report
Massachusetts – Southern New England Stumpage Price Report
Michigan – Stumpage Price Report
Minnesota – Stumpage Price Report
Mississippi – TimberUpdate’s Stumpage Price Report
Missouri – Stumpage Price Report
Montana – Delivered Log prices
Nebraska – Timber Talk Newsletter
Nevada – Stumpage Price Contact Information
New Hampshire – Stumpage Price Report
New Jersey – Stumpage Price Contact Information
New Mexico – No Information
New York – Stumpage Price Report
North Carolina – Stumpage Price Report
North Dakota – Stumpage Price Contact Information
Ohio – Stumpage Price Report
Oklahoma – Stumpage Price Report
Oregon – Log Price Report
Pennsylvania – Stumpage Price Report
Rhode Island – Southern New England Stumpage Price Report
South Carolina – Stumpage Price Report
South Dakota – Stumpage Price Contact Information
Tennessee – TimberUpdate’s Stumpage Price Report
Texas – Stumpage Price Report
Utah – No Information
Vermont – Stumpage Price Report
Virginia – Stumpage Price Report
Washington – Stumpage Price Report
West Virginia – Stumpage Price Report
Wisconsin – Stumpage Price Report
Wyoming – Stumpage Price Report Contact Information
Alberta – Timber Dues and Crown Fees
British Columbia – Stumpage Price Report
Manitoba – Timber Dues
New Brunswick – No Information
Newfoundland and Labrador – No Information
Nova Scotia – Stumpage Price Report
Ontario – Crown Timber Fees
Prince Edward Island – Stumpage Price Report
Quebec – No Information
Saskatchewan – Crown Timber Dues
Is There a Difference Between Stumpage Prices and Log Prices?
Yes! Log prices reflect the amount that a mill will pay for a log harvested, cut to specification, and delivered to the mill. Stumpage prices (also called timber prices) refer only to the value of the standing timber. Under a traditional timber sale contract, the landowner would receive the stumpage, while the logger would receive the log price.
Are Stumpage Prices Rising Like Lumber Prices?
While Stumpage prices and Lumber Prices are both an integral part of the forest economy, and one might think they tend to follow each other, they aren’t correlated or related in any meaningful way. Stumpage prices reflect the supply and demand of standing timber, which includes both the number of landowners seeking to harvest, the number of loggers available to harvest, and the capacity of lumber mills to supply the wood. Lumber prices, on the other hand, reflect consumer demand for wood products and the capacity of the mills to supply it.
What Are Crown Timber Dues?
In Canada, much forest land is government-owned. These lands are known as crownlands, and timber companies must pay the provincial government a fee, known as timber dues, for timber harvested on these lands. These are akin to stumpage prices, and they can be used as a proxy to stumpage rates on the private market in these areas.
What is the Difference Between Pulp, Sawtimber, and Veneer?
These are the most basic product classes that logs can be divided into. Pulp is the lowest-grade wood, which is used for paper, chips, or firewood. Sawtimber is higher-grade material used to make lumber, both softwood and hardwood. Veneer is the highest grade product. These logs are peeled to produce valuable veneer sheets to decorate various products. In most cases, veneer is only a hardwood product.