US lumber price hike not reflected by rise in timber prices

US lumber price hike not reflected by rise in timber prices
US timber pricing has been relatively stable through the pandemic. Compared to lumber prices, which have increase dramatically over the last year, timber prices have only increased in the single digits. However, timber prices are likely headed for a long-term trend due to new demand.    “We believe timber and timberland as an investment are on long-term uptrends. The fundamental drivers are the value of the trees at maturity and underlying land. Both factors currently have upward pricing pressure,” Scott Reaves, director of forest operations at Domain Timber Advisors said. “Lumber pricing is benefitting from ...

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