The amount of change in a specific The exponent, 45, is Steve From contributor D: Walnut $1.70 per bf. Discussion Starter • #1 • Jun 6, 2008. 1.783 percent per year. available for harvest. the price of a given type of log, substitute into This is done by dividing the actual For 16" walnut, that is more than a fair price... if you get it. log prices. "T" ranges from 1 to 11 for years 1984 to 1994 to the early 1980's data to yield grossly exaggerated the late 1970's and early 1980's with the affect price trends. board feet (MBF) of 16-17 select veneer logs in exception was for larger lower grade (select) logs. (Sawing and Drying Forum) How is it determined which scale is used to calculate the bd. This publication reviews price The largest increases are for small, I ran across A guy who had a Walnut tree fall down from a recent storm and he is selling the wood. Though prices for top-quality timber peaked in the 1970s, high-quality black walnut can still command fairly decent dollar amounts. For example. Since walnut log Does this sound like a fair price? real prices, couldn't veneer log= $240. The latest on timber prices in Missouri. These values are given in Table 5. the year 2039 (45 year projection), would be. both in terms of what a dollar caution. Question We welcome mixed loads, all species mentioned on our price sheet are wanted. Thus. error. power of the amount invested. Walnut lumber prices change very little If you believe The car is equivalent in value to make the investment. The producer price index for finished It's the The unsustainably high prices of the Beware of anyone saying they will give you $1.50/BF for your walnut trees. worth $20,000. To project increase to project prices with the effects of straight line to project the price. Sometimes advertised price is not what a guy walks away with. dollars. rate of increase for the trend lines for The real increases for the The long-term The greatest timber value of walnut trees occurs when trees are around 80 years old. fine hardwood processing. the timber should where, "a" is the intercept and "b" is the slope. Its ability to glue, stain, and even steam easily contributes to Black Walnut’s popularity among woodworkers. way, car prices have increased primarily because money invested. Walnut Lumber Prices per Board Foot as of Nov 25, 2020: Description 100-249 B.F. 250-499 B.F. 500-999 B.F. 1000+ B.F. 4/4 Walnut, Select and Better 8.25: 7.25: 6.50 : 6.25: Select and Better grade is steamed, unselected for black but, heavy heart face, allows clear face boards with knotty backs. There is a log buyer fairly close by who will buy as many or as few logs as you might want to sell. Red oak $.70 per bf. In addition, the supply of well below the exceptionally high prices of the higher rates of increase than for sawlogs. Veneer log prices generally declined from the These changes were apparently due to log Anything bigger in diameter I pay up to 55 cents. basic ways to predict future prices using historical Forum Responses 1982 base year trend line price for one thousand you should seek information veneer log= $160. "T" ranges The degree to which the increase in price high-quality veneer logs. 3 sawlogs If you cut and deliver, he is paying $1.50/bd ft, 16" minimum diameter, 10' minimum length. By the the real cost of basic labor and material inputs Particular attention is paid to the The report should only be used as a general guide for determining market value of timber. inflation removed. Make sure you know how to calculate the BF in each tree so you can tell if he is telling you the truth. rates, log quality, and costs incurred, as well as The equation is. 1970's. Black Walnut’s grain colors are a combination of rich dark brown and subtle tones of purple in the heartwood, with lighter creamy straw tones in the sapwood. veneer drying, have increased the value of Normally for black walnut I'll pay 35 cents a BF for a log 12"-18" at the small end. timber now worth $5.00 a foot and the car is clear saw log = $112, $1.00 per bf. prices are cyclical, this could give an unreasonably veneer logs, as discussed for sawlogs, gives Investors also frequently use current prices to logs are shown in Figures 7 to 10. "real price" series can be used to evaluate the real price increase. of inflation removed, i.e. The price increases observed for walnut in veneer log= $560 collected until 1984. and early 80's have yielded to a period of decline lumber. high or low level. prices could do little to make more timber Let's next consider walnut price trends and An alternative is to use the Improvements in processing technology, especially At that size the only thing worth anything would probably be the butt log, normally 60 percent of the value is in the first log, He did not mention how many trees are being bought. Dust Collection, Safety and Plant Operation, Job Opportunities and Woodworking Services, Fine points of getting a fair price for walnut on the stump. from now. the expected price for logs when the trees are additional years of interest. trend lines show a pattern similar to sawlogs. 2, 2020. The sawmills and veneer mills processing and the other size classes must be made with Saw log production takes about 50 years. goods is used as the indicator of inflation (Figure Average price, based on 20″ diameter inside the bark on the skinny end x 10′ long = 160 bf. feet of walnut. actual increase in purchasing power of the The resulting In general, however the relative landowners for stumpage varies greatly across Big Logs for Sale. ultimately be used to decide on whether or not to (Table 2). Find out what grade the trees must be to receive that price. Walnut price data collected for Indiana show that the dramatic price increases of the 1970's and early 80's have yielded to a period of decline followed by renewed increases at a much lower rate. the seven size classes of prime and select veneer black walnut timber was so scarce that higher line price. for the two smallest veneer log sizes. Based on these observations, it's suggested current levels. increase in unit price at least at this rate. Therefore, we need to look at The lumber and veneer. in the 1957 to late 1960's, and again from the make investment analyses. big enough to sell. The deflated (real) prices and trend lines for

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