Weaker global lumber markets have resulted in lower sawlog prices

Weaker lumber markets have resulted in lower sawlog prices worldwide. The Global Sawlog Prices Index (GSPI) fell 1.6% in the 2Q/23 q-o-q. Year-over-year, this fall represented almost a 10% decline compared to the 2Q/22 when it hit its all-time high. Although sawlog prices have moved downward in most of the 20 countries the index tracks, a few regions, including the Nordic countries and Latin America, have seen rising log prices over the past year.   The Global Sawlog Prices Index (GSPI) fell 1.6% in the 2Q/23 quarter-over ...