High        Low       Avg.       Last        Last         Volume      # of 
                    Price       Price     Price      Quarter     Year                     Rpts.
-----------------------------------------------------------------------------------------------
Veneer
Black Walnut        $2,500      $1,210    $1,700     $2,500      $2,035      14 Int.-MBF     4
Red oak (group)     $1,250      $1,250    $1,250     $1,000                  19 Int.-MBF     2
White oak (group)   $1,250      $1,250    $1,250     $1,250      $1,040      28 Int.-MBF     2

Sawlogs
Ash                 $ 85        $ 85      $ 85                   $140        15 Int.-MBF     2
Basswood            $125        $125      $125                               11 Int.-MBF     2
Black Walnut        $760        $335      $625       $380        $510        18 Int.-MBF     2

Cherry              $250        $ 40      $245                   $165         2 Int.-MBF     2
Cottonwood          $ 65        $ 65      $ 65       $ 50        $ 65         1 Int.-MBF     2
Elm                 $ 65        $ 40      $ 65                   $ 65         5 Int.-MBF     2

Hackberry           $ 85        $ 85      $ 85                   $100         4 Int.-MBF     2
Hickory             $ 65        $ 60      $ 65                   $ 70        38 Int.-MBF    14
Mixed Hardwoods     $ 65        $ 65      $ 65       $ 75        $ 55         - Int.-MBF    12

Post Oak            $ 85        $ 85      $ 85                   $185        12 Int.-MBF    14
Red oak (group)     $140        $ 65      $135       $160        $175       375 Int.-MBF    28
Soft Maple          $165        $165      $165       $200        $245         - Int.-MBF    16

Sycamore            $ 65        $ 65      $ 65                   $ 70        19 Int.-MBF     1
White oak (group)   $140        $ 85      $135       $165        $185       575 Int.-MBF    16

Walnut is generally the focus of interest in the Prairie Region at this time of year. Walnut veneer markets are actively purchasing stumpage and harvesting operations increase from Fall through early Spring. It appears that prices are somewhat spotty around the region and seem to depend greatly on export markets. Buyers with Far East market connections seem to pay the higher prices, so it is important to advertise your standing walnut timber sales to a large number of buyers. Large volume sales are not necessary, but sales of a small number of trees of average quality can bring disappointing results. Buyers seem to be looking for consistency in quality.

Red oak and white oak veneer sales were reported with prices at similar levels to past years. Red oak veneer is still not a highly sought product, even in areas along the major rivers that produce high quality trees. However, if you have high quality northern red oak trees, you are advised to seek bids from reputable veneer buyers.

It is worth noting again in this report, that most timber sold in the Prairie and Riverborder Regions is sold on the Doyle Scale as compared to the International Scale in the Ozarks. For consistency, this report converts all reported prices to International Scale. If you are selling standing timber in an area where the Doyle Scale is predominant, prices quoted to you will likely be greater than those in this report due to differences in scaling the usable volume in the logs. Please remember that if you are comparing bid prices received with prices appearing here.