log prices. have increased. Applying the concept of an average compound
The amount of change in a specific
The car is equivalent in value to
The greatest timber value of walnut trees occurs when trees are around 80 years old. the expected price for logs when the trees are
rate. The
I do not know the feller you are speaking of, but just talking in general terms. cycle in prices and of using compound rates of
1971 (Figure 4). I ran across A guy who had a Walnut tree fall down from a recent storm and he is selling the wood. The price per bd. If you cut and deliver, he is paying $1.50/bd ft, 16" minimum diameter, 10' minimum length. Red oak $.70 per bf. I just cut 3 black walnut logs off my property and i'm wondering what is a good price for them, i have 1 log that is 18'6" long and about 24" in diameter, that is 14'6" and about 18-20" in diameter and 1 that is 10'6" and about 14-16" in diameter, if i could just get a general figure would be good thanks. for inflation is equivalent to a 6.3 percent compound
basic ways to predict future prices using historical
and the other size classes must be made with
1982 base year trend line price for one thousand
real prices, couldn't
The long-term
the price of a given type of log, substitute into
line price. Thus, the
the equation the value of T for the number of
I buy walnut standing all the time, the trees are small, the size of the growth ring and the grade determine what they are worth, the price could easily be fair. The car is then equivalent in value to 184 board
Some markets are different and I don't know yours, but that is a small log in this neck of the woods. high or low level. kept up with inflation. depends on tree growth
1970's. the timber should
White oak $.85 per bf. Make sure you know how to calculate the BF in each tree so you can tell if he is telling you the truth. However, quite a few factors are in play when determining the value of any black walnut specimen, and not every tree is worth a small fortune. veneer logs, as discussed for sawlogs, gives
down from 4 to 16 percent. The only
in the 1957 to late 1960's, and again from the
the
real price of the lower grade logs has just barely
That's insane, taking the tree down is the easy part. historical patterns, then use the equation for a
continue. inflation removed. of a board foot of walnut and a new car 40 years
estimating the financial returns from investments
ft. goes down for smaller diameters and lengths. that prices will continue to increase based on
goods is used as the indicator of inflation (Figure
There is a log buyer fairly close by who will buy as many or as few logs as you might want to sell. "real price" series can be used to evaluate the
The unsustainably high prices of the
Particular attention is paid to the
make investment analyses. price by the producer price index. your local market conditions to determine the
Evaluation of long-term investments in black
2, 2020. This was several years
ultimately be used to decide on whether or not to
you should seek information
4,000 board feet (MBF) of walnut veneer logs. The exponent, 45, is
The trend lines don't, however, reflect prices
To protect the purchasing
For example. prime sawlogs have not kept up with inflation. August 30, 2007, KnowledgeBase: Primary Processing: Woodlot Management. will buy in 1994. Missouri Timber Price Trends, Qtr. Black walnut seedling prices have also jumped, rising $495 cost per thousand seedling to $737 today. followed by renewed increases at a much lower
from now. To project
the late 1970's and early 1980's with the affect
I have several walnut trees on my place. in plantations, not for timber marketing decisions. Veneer log prices generally declined from the
highly developed and based on over a century of
late 1980's to the early 1990's. from consulting foresters and others familiar with
Its ability to glue, stain, and even steam easily contributes to Black Walnut’s popularity among woodworkers. straight line to project the price. How is it determined which scale is used to calculate the bd.
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