As the unpredictable nature of the coronavirus pandemic continues to affect every industry differently, sawlog prices in Montana are reaching record levels, said F.H. Stoltze Land and Resource Manager Paul McKenzie.
“The product demand has increased dramatically in general forest products,” he said.
According to the University of Montana Bureau of Business and Economic Research sawlog report, Western Montana’s price per thousand board feet (MBF) for Douglas-fir sawlogs reached $407 in the third quarter, which stretches from July to September, compared to 2019’s Douglas-fir prices at $393 per MBF. Lodgepole pine sawlogs reached $409 per MBF this year compared to $393 last year.