Spring 2024 Ohio Timber Prices Update:
2024 markets are quite varied depending on individual buyers needs. Walnut continues in high demand, as well as hard maple. Demand for hickory is high for use in the cabinet and flooring industries. A few positive notes from the hardwood industry: there has been many recent increases in hardwood timber stumpage prices across the board for most species. Red oak prices edge higher toward the historical high. White oak stumpage prices continue to break records for white oak whiskey barrel stave logs. Many of the stave logs are being exported to Asian and European countries. After quite a lull period, soft (red) maple is starting to slowly rise.
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