Log Prices?

OldTimbercutter · October 10, 2022, 03:36:12 PM

Thats what im gonna do. Cut the low grade and hold the rest. Landowner is in no hurry .. White oak is still good here . Saved enough of it on this job to get threw the winter.
White pine is still high too .

nativewolf · October 10, 2022, 05:58:46 PM

We still get ro veneer and ro butt logs are going for export. It's ok pricing.

Tie logs market is tough for us, far bit of miles.

ehp · October 10, 2022, 06:45:58 PM

white pine is very good here right now , I still sell veneer at a good price but they got to be good . Red maple is good as well

Peter Drouin · October 10, 2022, 07:54:49 PM

.48 a bf for w pine here, log in the yard. :

ehp · October 10, 2022, 08:13:24 PM

ya were alot more than that for WP if its big enough and long enough to make timbers

ehp · October 14, 2022, 05:10:15 PM

the buyers are telling us to hang on tight , she is going to get pretty rough here in the near future

Firewoodjoe · October 14, 2022, 05:45:53 PM

I heard veneer is good just not the grade. But what does it compare to 2018-19? Heck why does that matter. My fuel went sky high again this week. Up .75 from last time.

Firewoodjoe · October 14, 2022, 05:49:04 PM

That .75 is over $500 a month for me and I'm a small time nobody in these parts. Guys with multiple crews and trucks must be feeling it again.

nativewolf · October 14, 2022, 07:51:55 PM

the good news bad news on fuel is that if we head to recession the fuel price collapses. Russia and OPEC tried to force a price increase by cutting production by a huge amount but it's already falling like a rock again. Next week could be back under $80 a barrel and the oil folks think both Russia and OPEC are cheating on the production cuts.

2 weeks ago we had diesel at 4 and I almost bought 1000 gallons, wish I had. It's back close to 5 this week.

Log price news I was very happy at the price of the bridge timber crane mat prices. YP veneer is still good and so are RO and WO at least here. However, the walnut sawlog prices are reflecting lumber and falling hard.

We've been able to keep YP average straight through close to $0.65 or 70 but that's been work. The lower grade material is paying so well we sometimes just push perfect logs into that.

Southside · October 14, 2022, 08:07:35 PM

The Valero I passed by yesterday was $4.97 for fuel and they had none, pumps covered up. This evening it was $5.09, so the load they got in cost more again. Fuel prices are not following crude and are not going down anytime soon.

OH logger · October 14, 2022, 08:16:19 PM

Quote from: nativewolf on October 14, 2022, 07:51:55 PM
the good news bad news on fuel is that if we head to recession the fuel price collapses. Russia and OPEC tried to force a price increase by cutting production by a huge amount but it's already falling like a rock again. Next week could be back under $80 a barrel and the oil folks think both Russia and OPEC are cheating on the production cuts.

2 weeks ago we had diesel at 4 and I almost bought 1000 gallons, wish I had. It's back close to 5 this week.

Log price news I was very happy at the price of the bridge timber crane mat prices. YP veneer is still good and so are RO and WO at least here. However, the walnut sawlog prices are reflecting lumber and falling hard.

We've been able to keep YP average straight through close to $0.65 or 70 but that's been work. The lower grade material is paying so well we sometimes just push perfect logs into that.

By definition Aren't we allready in a recession? And if so why is fuel still goin up? Because it can is what my guess is.

Pallet logs are still going down. No orders for pallet lumber comin in I hear from several buyers. I hear grade might be at the bottom but who knows at this point. Veneer is still good

OH logger · October 14, 2022, 08:20:28 PM

In my opinion logs aren't a bad price. It's all the expenses that have gotten out of hand. ALL EXPENSES. If we have a dry fall all the mills
Up here will
Be stuffed full and shutting guys off or put on quotas

Firewoodjoe · October 14, 2022, 08:22:21 PM

Our bolt mills are low. 6"-12". Literally everything we cut is open quota. But hardwood lumber is bad.

nativewolf · October 14, 2022, 08:25:18 PM

Pallet mills can't keep up with demands but supply is crushing pricing. Supply chain is sorting itself out and the buyers we've talked to say pallet demand is high. The issue is lots of folks dumping pallet cants as they can't move flooring- what I hear at least.

All the material thats not related to regular hardwood lumber (crane mats, peeler YP logs, pine saw logs, veneer, many export logs) are doing fine. Example: still at 800 a thousand for long good sized junky RO with a trucking bonus.

When markets zig it helps if you can zag.

nativewolf · October 14, 2022, 08:26:54 PM

Quote from: OH logger on October 14, 2022, 08:20:28 PM
In my opinion logs aren't a bad price. It's all the expenses that have gotten out of hand. ALL EXPENSES. If we have a dry fall all the mills
Up here will
Be stuffed full and shutting guys off or put on quotas

I agree and worry a bit about a dry fall in Ohio/WV/KY. We'll see.
Best of luck to all and I'll keep updating with thoughts and things I hear.

ehp · October 14, 2022, 09:28:16 PM

For us its the taxes on the fuel that is killing everyone , this carbon tax crap is crazy up here . winter heating oil is out of this world already and going higher , were pretty much double the cost per dollar on a barrel of oil compared to before , $100 cost per barrel use to cost us $1 a litre now the same barrel cost will cost us over $2 a litre

customsawyer · October 15, 2022, 05:05:16 AM

For what it is worth I thought you guys might like to hear that I'm steady having to turn down orders that I can't cut fast enough. I turned down a 100K bf per month order of pallet lumber two weeks ago. This week I turned down a 300K bf per month order of pallet lumber and a order for 16,000 12x12x30'. I say all of this to point out that the wood is still moving out there and more orders are still coming in.

Peter Drouin · October 15, 2022, 06:03:29 AM

I didn't think you wholesale stuff. Up here, there's no $$ in it.

customsawyer · October 15, 2022, 06:35:53 AM

I don't wholesale anymore. The point is that for three different companies to be calling asking for product than there is still a decent level of demand. I know that for the most part it is peanuts to what these guys are producing but on the other hand 16000 12x12x30' isn't a small order. I'm just a small mom and pop type of mill and get these calls on a regular basis. Someone is needing wood and they don't seem to have a regular supplier.

Hogdaddy · October 15, 2022, 08:46:38 AM

Wow @nativewolf my poplar went down again this week, avg. not quite .50 tree run. I would love to have .60 again... red oak is the pits here, from what I'm hearing it won't even avg .35 and they don't want it, tell you to take it somewhere else. Tough times are already here feels like to me, and going to get tougher.

teakwood · October 15, 2022, 09:11:15 AM

Happy birthday customsawyer, have some beers! ;D

Corley5 · October 15, 2022, 09:39:30 AM

A local mill that buys sugar maple flooring bolts shut all their suppliers off yesterday. Loaded trucks enroute to the mill were told to turn around. This comes after just a few days ago they were calling suppliers looking for wood. No one outside of management knows the reasons for the shutdown or the future. They were paying around $200 per 100" cord with a 7" min. diameter.