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Author Topic: How much longer??  (Read 1124 times)

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Offline HiTech

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How much longer??
« on: February 23, 2012, 12:13:58 PM »
How much longer will the Logging Industry Survive? Log prices are terrible, the market is flooded with wood and equipment costs an arm and a leg. Diesel fuel prices are crazy. Bar n chain oil is going up daily. Tires are twice what they were a year ago. The buyers are picky, picky. Forests are like gardens in that they will always be needing a weeding or thinning. The question will it be profitable?

Offline Bert

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Re: How much longer??
« Reply #1 on: February 23, 2012, 12:31:15 PM »
Well the world needs wood no doubt so the industry isnt going anywhere. Demand has been down with the economy but I have definitely seen improvements. How the gas price spike recently effects things is a story yet to be told. Profitability is up to the business owner ultimately. We are a bare bones operation but the overhead is very low. That keeps us in business. Somedays I want a shiny new skidder, but the reality is they are not worth the money. Find a niche market that works for you and go with it.
Saw you tomorrow!

Offline Mark K

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Re: How much longer??
« Reply #2 on: February 23, 2012, 02:21:32 PM »
Im trying to find ways to survive myself. I just put an order in for diesel fuel that should easily put me through the summer. Bought a drum of motor oil and hydraulic oil before prices went through the roof. Im glad im doing contract work and am good in with a mill that has kept me busy when things where bad. Just have to keep plugging along and not make any bold moves until things get better. We're all in the same boat.
Husky 372's-385's,576, 2100
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