1976 – 2011 Georgia Pine Stumpage Prices and Price Comparisons
E. David Dickens – UGA – WSF&NR Forest Productivity Professor
• Pine stumpage prices are noted in the figure below (Timber Mart-South 2011).
When comparing the current (2nd quarter 2011) pine stumpage prices (dollars paid to
forest landowners for their timber “on the stump”) to peak prices found in the 1st quarter 1998,
we see the following:
• Pine pulpwood (trees with a diameter at 4.5 feet or dbh of 4.5” to 8.6” or larger diameter trees with a
visible stem defect that would make them sell as pulpwood) has declined by 47%.
• Pine chip-n-saw (trees with a dbh of 8.6” to 11.6” with no visible stem defects) has declined by 66%.
• Pine sawtimber (trees with a dbh of 11.6” and larger with no visible stem defects) has declined by 54%.
• Pine poles (trees a dbh of 11.6” and larger with no visible stem defects to an 8” top) have declined by
20%.
When comparing the current (2nd quarter 2011) pine stumpage prices where each product
matches historic prices, we find the following:
• Pine pulpwood price is equal to that found in 1980, 1985, 1992, and 2000.
• Pine chip-n-saw price is equal to that found in 1982, 1986, and 1991.
• Pine sawtimber price is equal to that found in 1983, 1989, and 2008.
• Pine pole price is equal to that found in 1994, 1997, 2005, and 2010.
Georgia Pine Stumpage Prices
4th Quarter 1976 – 2nd Quarter 2011
$80
Pine Power Poles
$70
Pine Sawtimber
US$ per ton
$60
Pine Chip-n-Saw
Pine Pulpwood
$50
$40
$30
$20
$10
$0
1976
1981
Timber Mart-South
1986
1991
TimberMart-South
1996
2001
2006
2011
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