Log Market Report, Northwest Management 4thQ1

Northwest Management, Inc.
Ponderosa pine

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.

Services Include:

Log Marketing
Merchandising & Marketing of Forest Products
Price Negotiation
Analysis of Price Proposals
Sole Bid Mediator
Quarterly Log Market Report

Market Overview
The log market has continued to soften in response to an oversaturated housing market with foreclosures and a surplus of unsold homes. Mills continue to curtail production by reducing hours and dropping shifts. Many mills are not purchasing logs and some have temporarily shut down. Cedar prices remain steady and are expected to remain strong into the second quarter. Pine prices have softened slightly in a few areas. Small diameter sawlogs (tonwood) prices remain steady. Pulp prices have improved since last quarter as residual chip supply has tightened. The market outlook is for little or no improvement into second quarter.

MONTANA, NORTH IDAHO, EASTERN WASHINGTON LOG MARKET REPORT 1st Quarter 2008 PRICE RANGES FOR DOMESTIC AND EXPORT DELIVERED LOGS ($/mbf)
		Domestic Prices
Market Area (County)	Species	Present Quarter	Last Quarter
Area 1
Boundary, Bonner, Kootenai, Shoshone, Pend Oreille, Spokane, Stevens, Ferry	DF, WL	340-450	340-450
	GF, AF, WH	350-420	350-420
	WP	400-500	350-525
	PPY	325-425	400-500
	PPB	175-325	200-400
	SP	250-390	390-390
	RC	800-1200	800-1100
	LP	300-400	300-400
	pulp	40/ton	35/ton
	tonwood	50-55/ton	47-55/ton
Area 2
Benewah, Latah, Nez Perce, Whitman, Asotin, Columbia, and Lewiston & Clarkston Port Districts	DF, WL	305-425	300-425
	GF, WH	275-325	275-350
	WP	400-450	400-450
	PPY	350-385	400-450
	PPB	150-350	165-400
	SP	240-360	250-400
	RC	825-1230	750-1230
	LP	250-360	250-400
	pulp	38/ton	34/ton
	Tonwood	40-48/ton	40-50/ton
Area 3
Clearwater, Idaho, Adams, and Valley	DF, WL	300-380	310-425
	GF, WH	250-330	280-360
	WP	300-375	300-425
	PPY	350-450	400-455
	PPB	200-350	200-400
	SP	250-330	300-370
	RC	800-1100	800-1000
	LP	275-330	300-370
	Tonwood	28-50/ton	30-50/ton
Area 4
Western Montana (Counties west of Interstate 15)	DF, WL	325-400	350-520
	GF, WH	300-350	300-385
	PPY	400-500	400-500
	PPB	275-400	300-400
	SP	340-455	320-455
	RC	500-750	500-750
	LP	320-455	320-455
	pulp	34/ton	34/ton
	tonwood	---	---
Area 5
Eastern Montana (Counties east of Interstate 15)	DF	400	435
	PPY	---	---
	PPB	312	325
	SP	400	435
	LP	400	435
DF=Douglas-fir, WL=Western larch, GF=Grand fir, AF=Alpine fir, WH=Western hemlock WP=White pine, SP=Engelmann spruce, PPY=Old growth ponderosa pine, PPB=Second growth ponderosa pine, RC=Western red cedar, LP=Lodgepole pine

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