7 January 2015 | Forestry | 3788 views

US log prices fall due to decreasing exports to Asia

For many years, the sawlog market in Western US has been impacted by the demand forlogs and lumber in Asia. With the constant increase in log exports, domestic sawlogprices have more than doubled over the past five years, reports the Wood ResourceQuarterly. However, from the 1Q to 3Q in 2014, this upward trend was broken as logprices fell almost ten percent because of a weakening log export market.