Hardwood Lumber And Stumpage Prices In Two Eastern Hardwood Markets PDF Download

S2Hardwood lumber and stumpage prices appear to have risen substantially between 1964 and 1985. However, deflating these prices shows that inflation wiped out these increases for most species in two hardwood lumber markets and in a stumpage market. Only red oak, ash, and black cherry lumber prices increased faster than the rate of inflation. Yellow-poplar, basswood, hard maple, and soft maple prices actually declined in real terms.S3.