Trends in economic scarcity of U.S. timber commodities

Abstract

Prompted by continuing concern that timber-based commodities are becoming increasingly scarce, this paper presents information on changes in real prices (prices deflated by the general producer price index) of timber commodities as potential indicators of economic scarcity. Data updating previous studies are shown for sawlog stumpage, delivered sawlogs, and lumber; pulpwood stumpage, delivered pulpwood, and woodpulp; and delivered veneer logs and plywood. Most real prices were constant or increased somewhat during the two decades after World War Il. Prices have increased more rapidly since the economic recession ending in 1961. Declining housing demand caused a decrease in real prices for lumber and plywood be tween 1979 and 1980.

Citation

Skog, K. E.; Risbrudt, C. D. Trends in economic scarcity of U.S. timber commodities. (Resource bulletin FPL ; 11):24 p. : ill. ; 28 cm.