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Maine Timber Prices
Check out our new Timber Products page for an in-depth guide to the different types of timber products, definitions of common forestry terms, and videos of the milling process.
Why Do Timber Prices Vary By Region?
Timber prices are directly affected by the forces of supply and demand. If mills need wood, prices go up. If mills don’t need wood, prices go down. However, there are several other factors that influence the price of timber by region:
Mills – Mills are the foundation of established timber markets, because they determine what products can be bought and sold. Mills specialize in processing certain types of wood and determine the price they’re willing to pay. If a landowner only has access to one mill in the area and that mill only produces one type of product, there won’t be very many options in creating competition.
Distance – Wood has to be delivered to a mill before it’s processed. The distance your timber has to travel before it reaches the mill is taken into account by timber companies when bidding for your timber. The distance to and from the mill is directly proportional to a timber companies overhead. The further they have to travel, the more gas they will use and the higher their costs will be.
Products – Some geographical areas are known for specific products that may not grow well elsewhere. In turn, some areas will have higher prices than others, because markets exist as a result of their products. If a mill can only get the product it needs in Region A, you can bet they’re not going to build a mill or buy wood in Region B.
Competition – Ultimately, timber markets are driven by competition. When there’s more competition over wood due to any number of factors, the price goes up. When there’s less competition, because of any number of factors, the price goes down.
Why Do Timber Prices Vary From State to State?
States are very similar to regions, because the market effect on timber prices is universal. The same factors that determine regional prices, also influence markets in different states. The geography, measuring system and products may be completely different, but the market operates in a similar way. For specifics, check out the previous FAQ about price by region.
Why Timber Update?
Timber Update exists to give landowners access to timber companies that compete for your business. You can fill out a form and get connected or you can search our timber company database and connect with a timber company yourself. When timber companies compete, you win!
What’s The Easiest Way To Get Help?
Visit our Get Connected page, complete the form, and you will be connected with leading timber companies in your area.
What Are My Trees Worth?
Ultimately, your trees are worth what someone is willing to pay and also depend on market conditions. Timber Update helps landowners by connected them with local timber pros, education and by updating landowners on market conditions.
What Does It Cost?
Using Timber Update is free and easy! It costs you nothing to get connected with a company in our network.