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Log Market Report
Northwest Management, Inc., specializes in intensive merchandising and marketing of forest products to capture optimum value. NMI publishes this quarterly Log Market Report that summarizes log prices from a large geographic area in the Northwest.
Delivered log prices have fluctuated this quarter, but continue to trend upward. The framing lumber composite price is up $40/MBF from where it was a year ago. Steady logging production has helped build log inventories at most mills. Some mills already have their spring inventory volume and in order to correct this imbalance, mills may have to restrict deliveries by imposing quotas and/or pulling off the market. Log prices are expected to remain steady through the remainder of thrid quarter. Due to seasonality, prices in the fourth quarter typically soften as lumber sales and consumption falls off. Pulp and tonwood prices remain unchanged.
Keeping on Top of the Market
Northwest Management, Inc. (NMI) markets their Client's forest products to mills through a competitive bidding process. This competitive bid allows NMI to maximize the return a Landowner can expect from the sale of their forest products. Since 1990, bid prices are significantly higher than prices offered by mills in this region.
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