What does PST mean in timber?

Pine Sawtimber (PST) Sawtimber trees are over 14” in DBH, and are considered as the most valuable of timber products. They are harvestable after 30 to 50 years of growth. Not only do they provide the most wood due their large size, but Sawtimber trees are cut for lumber, which is more valuable than pine pulp.

What is MBF in timber price?

MBF = Thousand Board Feet. The DOYLE LOG SCALE is used for board foot measurements. 3. ** indicates insufficient sales to report price statistics (less than three sales).

What does MBF lumber mean?

As you mentioned, MBF is a forestry term for "1000 board feet". M = Roman Numeral = 1000; BF = board feet. It is common to report stumpage, FOB, and lumber prices in $/MBF or $/BF. So, $200/MBF is equal to $0.20/BF.

How do you read timber prices?

To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.

What is stumpage value?

Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump".

Timbers - Classification, Properties and Uses

Are lumber prices going down in 2021?

Now, lumber prices, like most commodities, are rising again. They are now about 15% lower than that peak in May 2021, but still about three times their average pre-pandemic price, according to Random Lengths, an industry website.

Why are lumber prices so high 2021?

After steadily rising through the end of 2020 and the beginning of 2021, lumber prices skyrocketed up to an all-time high in May, driven by historic levels of demand and mounting supply chain issues. Relief came in the summer as the cost of wood gradually began to return to historically average levels.

What trees are worth the most money?

An African Black Ebony tree from Gabon could be worth a million dollars, if you can find one. Due to its high value many species of Black Ebony are now extinct or on the verge of extinction. The Paulownia may currently be the world's most valuable sustainably harvested hardwood tree.

How do you calculate timber?

To calculate cubic Metres of timber accurately, use the nominal values for width and thickness of the timber, not the actual size. Nominal = size of a piece of timber before the timber is dressed. Lineal Metres x nominal width x nominal thickness = cubic Metres.

How many MBF does a Douglas fir tree have?

The harvest is expected to yield approximately 1,690 MBF Douglas-fir. These are primarily 95 to 110 year-old Douglas-fir stands with average merchantable volumes of 40 to 50 MBF per acre.

How do you calculate MBF of timber?

The board-foot content of any board may be determined by multiplying the length by the width by the thickness, all expressed in inches, and dividing by 144 cubic inches.

How do you convert MBF to m3?

The quick conversion is 424 bf = 1 cubic meter. So, 1 MBF = 2.36 cubic meters.

How do you calculate MBF price?

First, convert the quoted price to a price per board foot. $512 mbf = $0.512 per board foot Since "mbf” means per 1000 bf, divide the quote by 1000, getting the price per board foot. (This is easily accomplished by moving the decimal point three places to the left.) 12 Multiply this price by the number of bf.

How many board feet are in a 2x4x10?

A 2x4x10 board has 6.66667 total board feet in it: the board foot factor (BFF) of a 2×4 is 0.666667. Multiply 0.66667 by the length of 10 which gives total board feet of 6.66667.

Will lumber prices go down in 2022?

Lumber prices are falling, but some are concerned about future price levels. In a May 19 report, Market Insider found that lumber prices fell to new lows in 2022 as April's existing home sales hit the lowest level since the start of the pandemic.

Are wood prices coming down?

Lumber prices are down 47% year-to-date, and are off 65% from the 2021 high of $1,733 per thousand board feet. That significant price decline should help ease inflationary pressures in the housing market, as the cost to build comes down.

Are lumber prices going to come down?

Over the past three months, however, with interest rates rising and the housing market cooling, demand for lumber is falling—and so are prices. Lumber futures are down over 50% since this year's January peak of $1,329 per thousand board feet to $651 on Wednesday.

What is the most profitable tree to grow for lumber?

Good lumber trees include hardwood trees, such as oaks, hickories, pixamaples, birch and cherry, among others. These trees can be harvested when they are 14 to 20 inches in diameter, but letting them grow larger will make them worth more.

What is the size tree needed for timber?

Tree size for forest products is expressed as diameter at breast height (DBH), which is measured at 4.5 feet above the ground on standing trees. Generally, Pennsylvania's hardwoods become merchantable for pulpwood when they are 6 inches DBH or larger and reach sawlog size at 12 inches DBH.

What is the most rare wood?

Agar Wood. Agarwood is famous for the tea, oil, and perfume that it produces. It's hefty price tag is thanks to its incredibly high demand and extreme rarity – it's one of the rarest trees in the world.

Is wood still expensive 2022?

The price of lumber dropped as low as $780 per thousand board feet on Monday, the lowest point for the commodity in 2022, Insider reported. Prices dropped as much as 6 percent on the day and 13 percent in the past week. Year-to-date, lumber prices are down 30 percent.

How long will lumber prices stay high?

Board feet prices 254% higher than pre-COVID price levels

“Futures markets suggest that lumber will remain above $1,000 per thousand board feet through September 2022,” Logan said at the time of this writing.

Why is OSB so expensive?

OSB is expensive because it takes a long time to expand lumber mills and increase their supply output.