2019 journal article

Subregional Timber Supply Projections with Chip-n-Saw Stumpage: Implications for Southern Stumpage Markets

Forest Science, 6.

co-author countries: United States of America πŸ‡ΊπŸ‡Έ
author keywords: chip-n-saw; markets; southern timber; inventory; Subregional Timber Supply
Source: ORCID
Added: June 18, 2019

Abstract Softwood chip-n-saw (CNS), an intermediate stumpage product between sawtimber and pulpwood, has become a mainstay in southern timber markets in recent years. Most of the previous studies in southern timber markets primarily focused on pulpwood and sawtimber markets, and often overlooked CNS as a standalone timber product. Using the Subregional Timber Supply model, this study examines the dynamics of sawtimber- and pulpwood-dominated softwood stumpage markets with growing CNS markets in the US South. Results suggest that South-wide CNS inventory increases over the short run but begins to decrease by 2024, which leads to CNS prices rising over the years. The projected trends vary widely from one wood basket to another. This study provides additional nuance to future prospects of southern timber markets.