Maryland and Delaware Stumpage Price Report
Calendar Year 2000
The stumpage price report is a cooperative effort between Maryland Cooperative Extension, Maryland Department
of Agriculture, Maryland Department of Natural Resources-Forest Service, Delaware Forest Service, Maryland Tree
Farmers and Forest Landowners. It is consolidated and distributed every three months by the University of
Maryland, Wye Research and Education Center, P.O. Box 169, Queenstown, MD 21658. Their phone number is
410-827-8056.
The prices contained in this publication are collected from consulting and state agency foresters in four pricereporting areas throughout Maryland and Delaware, and are intended to serve ONLY AS A GUIDE in the marketing
of standing timber. The actual value of a specific stand of timber may be influenced by the following factors:
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



Timber quality
Volume to be cut per acre
Logging terrain
Market demand
Distance to market
Season of year
Distance to public roads
Woods labor costs
Size of the average tree to be cut
Size of harvest

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
Type of logging equipment
Percentage of timber species in the
area
End product
Landowner requirements
Landowner knowledge of market
value
Property taxes
Performance bond requirements
Insurance costs
Any one of the above factors can have a highly significant effect on stumpage prices for a species in one given area
while it may have a less significant effect in another area. This information is meant as a guide only. Use with
care. Prices paid for standing timber can be influenced by many factors, including but not limited to: timber quality,
distance to market, accessibility of property, sale volume, market demand, season, skid distance, landowner
requirements, and logging costs.
Region: Eastern Shore (ES) = Kent-Worcester County and Sussex-Kent County, Delaware;
Southern (S) = Anne Arundel/Prince George’s-St. Mary’s County; Central (C) = CecilCarroll/Montgomery County and New Castle County, Delaware; and Western (W) = FrederickGarrett County.
The University of Maryland is equal opportunity. The University=s policies, programs, and activities are in conformance with pertinent Federal and State
laws and regulations on nondiscrimination regarding race, color, religion, age, national origin, sex and disability. Inquiries regarding compliance with Title
VI of the Civil Rights Act of 1964, as amended; Title IX of the Educational Amendments; Section 504 of the Rehabilitation Act of 1973; and the
Americans with disabilities Act of 1990; or related legal requirements should be directed to the director of Personnel/Human Relations, Office of the Dean,
College of Agriculture and Natural Resources, Symons Hall, College Park, MD 20742.
Maryland - Delaware Stumpage Price Survey Results
January - April 2000
The table below summarizes reported prices paid for standing timber during January - April 2000. Prices
for sawtimber are in $ per MBF (thousand board feet) International 1/4 inch scale. Pulpwood and fuelwood
are reported in $ per cord or $ per 100 lbs, biomass in $ per ton. The Range shows the high and low prices
reported. Reporting is voluntary, and this is not a complete record of sale activity in Maryland - Delaware.
Total number of reports does not add up to column totals. Sale characteristics:
Size
#
%
Sale
Type
<50 MBF
2
5 Lumpsum
51-100
MBF
3
#
#
% Buyer/seller #
% Location
#
34 83 Consulting
Forester
14
52 Buyer
0
0 Eastern
Shore
15 37
7 Mill-tally
5
12 Public Lands
Forester
3
11 Seller
36 88 Southern
7
17
>100
MBF
31 76 Not
specified
2
5 Industrial
Forester
3
11 Not
specified
5
0
0
Not
specified
5
Independent
buyer
0
0
Western
18 44
CFM State
Forester
4
15
Not
specified
1
Utility Forester
1
4
Not specified
2
7
12
%
Reported by
12 Central
%
2
Total responses: 27. Total sales: 41. 15 reported no sales. Total sales in acres: 1796. No sales reported
in Central Region.
Eastern Shore
Southern
Western
Species/product
#
Average
Range
#
Average
Range
#
Average
Range
Red oak
0
-
-
4
348
200500
6
520
300-700
White oak
0
-
-
3
187
150260
4
308
270-350
Mixed oaks
2
170
160180
0
-
-
8
278
247-365
Ash
0
-
-
0
-
-
6
302
271-350
Cherry
0
-
-
0
-
-
7
762
4001000
Sugar maple
0
-
-
0
-
-
7
403
204-600
Tulip poplar
2
275
250300
4
255
150350
4
253
186-325
Black walnut
0
-
-
0
-
-
1
700
700
Other hardwoods:
-
-
-
-
-
-
-
-
-
Hickory
0
-
-
0
-
-
1
87
87
Basswood
0
-
-
0
-
-
1
150
150
Red maple
0
-
-
0
-
-
2
275
250-300
Sweetgum
1
120
120
0
-
-
0
-
-
Mixed high quality hardwood
0
-
-
0
-
-
0
-
-
Mixed low quality hardwood
1
60
60
4
78
50-100
4
145
85-175
Loblolly pine
13
359
300410
4
198
150230
0
-
-
Virginia pine
0
-
-
1
100
100
1
100
100
White pine
0
-
-
0
-
-
1
95
95
Other softwood (Hemlock)
0
-
-
0
-
-
1
150
150
Poles, hardwood ($/linear ft)
0
-
-
0
-
-
0
-
-
Poles, softwood ($/linear ft)
0
-
-
0
-
-
0
-
-
Fuelwood ($/cd)
0
-
-
1
10
10
0
-
-
($/cd)
1
17
17
0
-
-
-
-
-
($/100 lbs)
-
-
-
0
-
-
4
0.16
0.120.2125
Pulpwood
Biomass ($/ton)
0
-
-
0
-
-
0
-
-
-
-
-
-
-
-
1
17
17
Misc:
Black Locust Posts ($/cd)
Values in $/thousand board feet.
1/4
Conversion Factor: Doyle = 1.675 / International
This information is meant to be used as a guide only. Use with care. Prices paid for standing timber can be influenced by many factors,
including but not limited to: timber quality, distance to market, accessibility of property, sale volume, market demand, season, skid distance,
landowner requirements, and logging costs.
Maryland – Delaware Stumpage Price Survey Results
May-August 2000
The table below summarizes reported prices paid for standing timber during May – August 2000.
Prices for sawtimber are in $ per MBF (thousand board feet) International ¼ inch scale.
Pulpwood and fuelwood are reported in $ per cord or $ per 100 lbs., biomass in $ per ton. The
Range shows the high and low prices reported. Reporting is voluntary, and this is not a
complete record of sale activity in Maryland & Delaware. Total # of reports does not add up
to column totals. Sale characteristics:
Size
#
%
Typ
e
#
%
Reporte
d by
#
%
Buyer/Selle
r
#
%
<50 Mbf
1
4
Lump
sum
2
4
10
0
Consulting
foresters
1
1
58
Buyer
0
0
51-100
Mbf
3
12
10
Seller
Milltally
0
0
Public lands
foresters
2
2
4
10
0
0
0
0
0
>100
Mbf
1
9
80
4
1
No
data
5
Unknow
n
#
%
Eastern
Shore
6
25
1
2
50
Southern
Central
1
Western
5
Unknown
0
No data
4
1
Industrial
foresters
Location
0
21
0
16
Independent
0
3
10
Logger/buy
er
2
0
0
CFM state
foresters
Utility
foresters
Unknown
Total responses: 19
Total sales: 24
Eastern Shore
Total sales in acres: 1019
Southern
Central
Avg.
Range
Western
Species/Product
#
Avg.
Range
#
Avg.
Range
#
#
Red Oak
1
230
230
4
342
220450
0
0
White Oak
1
230
230
3
203
180250
0
0
Avg.
Range
Mixed Oaks
1
Oak/mixed Hdwd
(high quality)
2
125
100150
0
0
1
320
320
1
Ash
0
1
100
100
0
0
Cherry
0
0
0
0
Sugar maple
0
0
0
0
Tulip poplar
2
0
0
*Other Hdwd
0
0
0
**Mixed Hdwd
(low quality)
2
65
60-70
4
75
70-80
0
2
Loblolly pine
5
261
200329
6
193
149230
0
0
Virginia Pine
0
0
0
1
White Pine
0
0
0
0
Other sfwd
0
0
0
0
Poles, hdwd
($/linear ft)
0
0
0
0
Poles, sfwd
($/linear ft)
0
0
0
0
Fuelwood ($/cord)
0
0
0
0
Pulpwood ($/cord):
0
0
0
0
0
0
0
Pine
250
285
250
270300
8
287
200350
0
1
120
120
2
440
420460
240
230250
50
50
1
10
10
0
1
8
8
0
0
410
410
Hardwood
Biomass ($/ton)
Values in $/thousand board feet
*Includes high quality hardwood not listed above and sold as a single species such as
Walnut, Paulownia, Beech, etc.
**Mixed low quality hardwood (pallet type materials). On some sales a single price may
be paid.
This information is meant to be used as a guide only. Use with care. Prices paid for
standing timber can be influenced by many factors, including but not limited to: timber
quality, distance to market, accessibility of property, sale volume, market demand,
season, skid distance, landowner requirements, and logging costs.
Maryland – Delaware Stumpage Price Survey Results
September - December 2000
The table below summarizes reported prices paid for standing timber during SeptemberDecember 2000. Prices for sawtimber are in $ per MBF (thousand board feet) International ¼
inch scale. Pulpwood and fuelwood are reported in $ per cord or $ per 100 lbs., biomass in $ per
ton. The Range shows the high and low prices reported. Reporting is voluntary, and this is not
a complete record of sale activity in Maryland & Delaware. Total # of reports does not add
up to column totals. Sale characteristics:
Size
#
%
Type
#
%
Reported by
#
%
Buyer/
Seller
#
%
Location
of sales
#
%
<50 Mbf
4
15
Lump
sum
17
65
Consulting
foresters
9
53
Buyer
1
6
E. Shore
3
12
51-100
Mbf
3
12
Milltally
2
8
Public lands
foresters
3
18
Seller
6
35
Southern
6
23
>100
Mbf
19
73
No
data
7
27
Industrial
foresters
2
12
No
data
10
59
Central
3
12
Unknown
0
0
Independent
0
0
Western
13
50
Logger/buyer
0
0
Unknown
1
4
CFM state
foresters
1
6
Utility
foresters
0
0
Unknown
2
12
Total responses: 17
Total sales: 26
Eastern Shore
Total sales in acres: 1244.5
Southern
Central
Western
Species/Product
#
Avg.
Range
#
Avg.
Range
#
Avg.
Range
#
Avg.
Range
Red Oak
1
385
385
2
450
440460
0
0
0
6
610
480900
White Oak
1
385
385
2
190
180200
0
0
0
3
357
280500
Mixed Oaks
0
-
-
2
130
120140
1
140
140
4
313
283342
Oak/mixed Hdwd (high
quality)
0
-
-
1
540
540
2
437
410463
2
443
432453
Ash
0
-
-
1
450
450
0
-
-
0
-
-
Cherry
0
-
-
0
-
-
0
-
-
3
967
8001200
Sugar maple
0
-
-
0
-
-
0
-
-
1
575
575
Tulip poplar
1
260
260
2
325
300350
1
60
60
2
213
200225
*Other Hdwd
(Red Maple)
0
-
-
0
-
-
0
-
-
4
306
225400
**Mixed Hdwd (low
quality)
2
70
70
5
96
80-141
1
70
70
1
250
250
Loblolly pine
2
280
260300
4
157
140169
0
-
-
0
-
-
Virginia Pine
0
-
-
2
100
100
0
-
-
2
50
50
White Pine
0
-
-
0
-
-
0
-
-
0
-
-
Other sfwd
0
-
-
0
-
-
0
-
-
0
-
-
Poles, hdwd ($/linear ft)
0
-
-
0
-
-
0
-
-
0
-
-
Poles, sfwd ($/linear ft)
0
-
-
0
-
-
0
-
-
0
-
-
Fuelwood ($/cord)
0
-
-
0
-
-
0
-
-
0
-
-
Pulpwood ($/cord)
0
-
-
0
-
-
1
3.75
3.75
2
3.93
2.85-5
Biomass ($/ton)
0
-
-
0
-
-
0
-
-
0
-
-
Values in $/thousand board feet
*Includes high quality hardwood not listed above and sold as a single sp. such as Walnut,
Paulownia, Beech, etc. **Mixed low quality hardwood (pallet type materials). On some sales a
single price may be paid.
Maryland/Delaware Stumpage Price Report
January – December 2000
What time period is covered by this report?
The MD/DE Stumpage price report gives the prices paid in the states of Maryland and Delaware
for stumpage during calendar 2000.
What is stumpage?
Stumpage refers to the price that a landowner receives for standing trees.
Why four different regions?
The four regions described in this report were designed to more accurately reflect the forest
product markets in Maryland and Delaware. The markets within each of the four regions are
unique. For example, the quality and quantity of black cherry and oaks produced in the Western
Region usually surpasses that of the other three regions. Loblolly pine is a timber species that is
found mostly on the Eastern Shore and Southern Region. The four regions were developed to
take these types of differences into consideration while providing a more accurate and easily
understandable price report. It is important to note that counties in border areas may reflect the
trends of all the regions on which they border.
What do the prices mean?
The Stumpage Price Report reflects the stumpage prices observed over the four-month period.
Due to the dramatic changes common in timber markets, past reports may not accurately
describe the latest market conditions. A current report is one’s best guide to the current market
status. It must be remembered that this report is based primarily on a survey of consultant
foresters and public agencies. The report is intended to describe general trends in the market and
ignore specific factors that may affect one timber tract or another.
There are many factors that can influence the price of timber on a given tract of land and they are
listed on the front cover. For example, you may notice that the range of prices for one species
may vary from 50 to 350 dollars per thousand board feet. One reason for this wide range is that
the lower value is for timber of poor quality while the higher value is for timber of high quality
that would be used for veneer products.
What are the different products mentioned in the report?
The majority of the prices reported are for timber that is sold and used to produce sawtimber and
veneer products. Sawtimber trees are typically above 12 inches in diameter at breast height (4.5
feet from the ground) and have at least one 8-foot log that can be harvested. Sawtimber trees are
harvested, taken to a sawmill and cut up into boards, railroad ties, and other dimensional
products. Veneer quality timber is typically of larger diameter, comes from the bottom log of the
tree, and has no branches or imperfections. These logs are usually turned at a special mill that
slices thin strips of wood that are used as veneer on a variety of wood products.
Poles are used for telephone poles, piling, and related products. They must meet special
requirements. Fuelwood refers to timber sold for firewood markets. Typically this will include
poorer quality trees, dead trees, as well as tree tops. Pulpwood includes trees that are used to
produce paper products. Biomass includes trees that burned for power generation.
How are the prices reported?
The stumpage prices for each species and or product category include three pieces of
information: 1) the number of reports; 2) the range of values from lowest to highest; and 3) the
average of all reported values.
Poles, fuelwood, pulpwood, and biomass are special products that are sold by the linear foot,
cord, or the ton. All other prices are reported as the dollars per thousand board feet of timber.
One board foot is 12 inches x 12 inches x 1 inch, with the number of board feet in each tree
depending on its diameter, number of logs, and defects. Therefore, a thousand board feet of
timber may be made up of a few large trees or many small trees. The scale used to determine
board feet in standing trees is the International ¼ inch scale, which provides the most accurate
measure of board feet for the four regions. Stumpage prices reported in a Doyle log scale,
another common rule, tends to underestimate the volume of timber, and must be adjusted to be
compatible with the International 1/4 inch scale.
Where to get help?
The sale of timber products should include three people: 1) the forest landowner selling the
timber; 2) a licensed professional forester to assist the landowner in determining which trees
should be harvested and working with the logger; and 3) the logger who carries out the actual
harvesting of the trees.
A list of licensed professional foresters is available from your local state forester or by
contacting the Maryland Department of Natural Resources Forest Service. For more information
write or call the Wye Research and Education Center, P.O. Box 169, Queenstown, MD 21658 /
410-827-8056 or Western Maryland Research and Education Center, 18330 Keedysville Road,
Keedysville, MD 21756 / 301-432-2767.