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Author Topic: My walnut thread  (Read 8042 times)

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Offline TKehl

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Re: My walnut thread
« Reply #80 on: May 03, 2018, 08:35:45 AM »
X2

I don't think the fumigation requirement will really slow things down long term.  But temporary turmoil is sure possible.  The timing sure sucks for you.   :(  
Lucas 6-13+slabber, Mr. Sawmill bandmill, orange chainsaws, JD SSL, Case Backhoe, farm tractors, trailers, and 150ish acres of trees.  Fledgling woodshop with CNC router, laser engraver, Woodmaster 712, and a Berlin 108 moulder (project).  Oh, and a lovely (patient) wife and four offbearers.

Offline nativewolf

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Re: My walnut thread
« Reply #81 on: May 03, 2018, 09:17:40 AM »
Yeah, it will be sorted out quickly ie in the next couple of months.  Frankly the Chinese have no other sources for this material so they are buying.  This is why China imposed tarrifs on Ag commodities...they can buy wheat and corn elsewhere.  Good walnut and oak is a US game right now.  Europe a net importer for the last 100 years, Siberia (east siberia that is like Michigan/ Ontario ) was raped in the last 25 years; Japan..raped itself; Korea, Japan raped it and Korean war burned off the rest.  No good sources of temperate hardwoods outside the US.  

Short term it disrupts my cash flow.  Veneer buyers so far have been very very bullish only problem is there have only been 3 instead of 6 and only 2 more coming.  

The biggest hit is going to be the small sawlog stuff I was getting $1.5 or more for small sawlogs and now we'll get $.90 or so.  That doesn't leave much if anything after timber costs and harvest costs.  
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Offline nativewolf

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Re: My walnut thread
« Reply #82 on: May 04, 2018, 06:21:30 PM »
Ok, well first auction done.  Results were not great as hoped.  Butt logs averaged $4/bdft, frankly I think if China had not done this sudden enforcement we'd have been closer to $5 or $6.  I canceled the sale of the tops, I'll hold them for a month and wait for the Chinese ports to sort out.  About 5.4MBF of seconds and thirds from 8.5MBF of butt logs.  Anyhow, thought people might be interested.  The next set of logs is cut and I'm not sure if we'll cut more this May or wait til September.  A lot is going to depend upon what we hear.  The winning bidder was from Ohio, FYI.  11 teams had registered to bid and I was turning people away.  After the announcement we ended up with 4 bids.  So, some of the froth went out.

This auction was for about 1/4 of the total forest walnut stems.  
Liking Walnut

Offline mike_belben

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Re: My walnut thread
« Reply #83 on: May 04, 2018, 09:55:44 PM »
Why turning people away?
Revelation 3:20

Offline nativewolf

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Re: My walnut thread
« Reply #84 on: May 05, 2018, 08:17:39 AM »
Well I have to be there when they scale, it takes them 2-3 hours depending on what they were bidding for (butts or everything).  They are often late..so say 4 hours for each one.  That's 40 hours of sitting on my bottom.  No cell, can't call new clients, etc.  Thought 10 diverse buyers was plenty to get pricing right.
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Offline mike_belben

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Re: My walnut thread
« Reply #85 on: May 05, 2018, 08:55:07 AM »
Gotcha.
Revelation 3:20

Offline blendinbiz

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Re: My walnut thread
« Reply #86 on: July 11, 2018, 02:08:59 AM »
Fumigation, how long will it take and for how much per ctn?
I heard lots of logs were rejected at the port bcz no fumigation certificate

Offline nativewolf

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Re: My walnut thread
« Reply #87 on: July 11, 2018, 07:12:02 AM »
Yes it really screwed things up for me and two of our clients, right in midst of harvest.  It is slowly working itself out, the port of virginia is peeling and fumigating now but $$$.  

We sent a load up to Canada yesterday, 2nd, 3rd, 4th logs.  Curious to see what happens from that, they grade on international scale.
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Offline blendinbiz

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Re: My walnut thread
« Reply #88 on: July 17, 2018, 12:00:15 PM »
international scale is good for you.

Offline nativewolf

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Re: My walnut thread
« Reply #89 on: July 17, 2018, 01:07:41 PM »
International was good on those logs.  Averaged almost $2/bdft on international scale.  So, more scale and the price was fine for those logs.  Probably added 1k or more to the load and they paid the trucking.  The butt logs are scaling better on doyle to be honest.
Liking Walnut


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