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MICHIGAN FORESTS FOREVER TEACHERS GUIDE
Stumpage is the price paid to the owner of standing timber, before the trees are harvested. Stumpage values vary WIDELY and change regularly. Essentially, the stumpage value of standing timber is whatever someone will pay. The are many variables that go into the pricing of standing timber. Some of these variables include species, product, contract specifications, season, market conditions, distance to market, stand volume, site conditions, and quality.
The following table shows stumpage from Michigan state lands, across the entire state. It is NOT necessarily what a private forestowner can expect, nor does the chart reflect trends (which can be unstable and volatile for some species and products). However, the variability indicated in the chart demonstrates relative values and the wide range of stumpage values.
The line graph (below the table) shows stumpage rates for selected species of sawtimber. Again, stumpage on private forestland will not be the same. The graph intends to show the variability of stumpage prices over time, even from annual quarter to quarter. Also, as with the two sugar maple lines, prices will vary regionally across Michigan .
DNR
Stumpage Reports (state lands, 2018-2019)
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Species |
Pulpwood (per cord) [average] |
Sawtimber (per 1000 board feet) [average] |
Sugar Maple |
$5-190 [$28]* |
$120-1000 [$450] $30-660 [$150] $40-350 [$114] $50-375 [$160] $40-65 [$57] $30-400 [$82] $95-550 [$300] $90-400 [$190] $50-400 [$160] $40-350 [$110] $60-350 [$113] $30-240 [$93] $75-300 [$163] $15-60 [$42] $45-210 [$100] $45-120 [$80] - - - - - - |
Source:
DNR Stumpage Reports * Mixed hardwood Note: There are product categories other than pulpwood and sawtimber. |
This website was developed and created by Michigan State University Extension for the teachers of the State of Michigan. | |