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By Robert W Neill Jr

Oct 5, 2022, 5:33 pm

31% Drop In Some Timber Stumpage Prices

High interest rates, inflation and the looming possibility of a recession caused some timber prices in North Mississippi to fall as much as 31% in the 3rd Quarter according to the timber price reports of Mississippi State University. Pine Poles ranged from $25 to $36 per ton, Pine Sawtimber $14.50 to $26 per ton, Pine Chip-N-Saw $4.50 to $15 per ton and there were again Pine Pulpwood sales as low as 25 Cents per ton with the regional high price for Pine Pulpwood being $2.00 per ton. Oak Sawtimber ranged from $15 to $60 per ton, Mixed Hardwood $15 to $42 per ton, and Hardwood Pulpwood $2 to $8 per ton. Mississippi State projects that stumpage prices will decrease even further in the 4th quarter and through 2023. New sawmill facilities are being built in the area to take advantage of the extremely low stumpage prices but are not expected to have any significant impact on stumpage prices due to the extreme oversupply of timber. --- Robert W. Neill, Jr. is a sixth-generation farm and land owner and a licensed real estate broker who represents buyers of farm, land and real estate properties and is an investor in small businesses and startup companies. He can be contacted through his web site at landhungry.com

1,820 Reads, 0 comments

By Robert W Neill Jr

Jul 6, 2022, 1:04 pm

Timber Stumpage Prices Remain Flat

Timber stumpage prices remained flat or declined further in North Mississippi in the Second Quarter as the Fed continues to raise interest rates to slow down inflation. Housing starts in the South were down 20.7% (Forest2Market) and many lumber prices are still declining. Some Pine Pulpwood sales were reported as low as 25 cents per ton which were some of the lowest prices in Mississippi (Mississippi State Timber Price Report) with the range being from 25 cents to $4/ton. Hardwood Pulpwood was much stronger with prices ranging from $3/ton to $10/ton. Pine Sawtimber ranged from $14 to $35 a ton, Oak Sawtimber from $38 to $48 and Mixed Hardwood Sawtimber from $22 to $35. While a recession may still be likely the job market remains so strong the possibility remains that it could be avoided. Some economists think the Fed may have a window of opportunity to soften further interest rate increases. --- Robert W. Neill, Jr. is a sixth-generation farm and land owner and a licensed real estate broker who represents buyers of farm, land and real estate properties and is an investor in small businesses and startup companies. He can be contacted through his web site at landhungry.com

6,429 Reads, 0 comments

By Robert W Neill Jr

Apr 25, 2022, 4:14 pm

1st Quarter Timber Prices For Landowners In Northwest Mississippi

The 1st Quarter of 2022 was a mixed bag of prices for timber in the Northwest Mississippi area which includes both the Delta and Hills based on prices by Mississippi State and other sources. While there is increased demand for timber products, the oversupply of some types of timber as a result of decades of tree planting through USDA conservation programs remains a long term problem. Pine Sawtimber stumpage in Northwest Mississippi ranged from $16 to $40 per ton with the high end comparing favorably to other states of the region - Alabama $29/ton, Florida $32 to $40/ton, and Georgia $25 to $38/ton. In Northwest Mississippi the prices for Pine Chip-N-Saw ranged from $5.50 to $19.09/ton, and Pine Pulpwood from $1.00 to $5.00/ton. Oak Sawtimber ranged from $32 to $46/ton, Mixed Hardwood $15 TO $45/ton, and Hardwood Pulpwood $2 to $18/ton. Some thinnings of planted pine plantations average 32 tons per acre which would only yield $32 per acre to landowners if sold on the low end of 1st Quarter prices at $1 per ton for Pine Pulpwood. It is always important to retain licensed foresters and licensed real estate brokers when selling timber and land in order to get a fair market price. Mississippi State University provides current timber prices to landowners every quarter and there are a number of private subscription services available as well. --- Robert W. Neill, Jr. is a sixth-generation farm and land owner and a licensed real estate broker who represents buyers of farm, land and real estate properties and is an investor in small businesses and startup companies. He can be contacted through his web site at landhungry.com

79,918 Reads, 0 comments

By Robert W Neill Jr

Apr 23, 2022, 10:35 pm

A Day Without Electricity

A Day Without Electricity Entergy had a planned all day outage for our neighborhood so they could do an overhaul of the substation. They cut the power off at 7:52 AM and turned it back on at 5:40 PM. I had the generators and power banks ready but a day with no electricity is a challenge. It took 3 of the long, orange extension cords to power the fridge, freezer, tv, laptop, tablet, and coffee pot. About halfway through the day the Wen generator developed some type of mechanical problem and shut down. I got it started again and then it shut down again. After that I lowered the usage and moved everything to the other generator for the rest of the day. While not a prepper, being in a frequent tornado, hurricane, and ice storm zone has prompted me to have at least a minimal amount of preparation. It was eerie when with no postal mail and no stores or gas stations open on a Saturday. --- Robert W. Neill, Jr. is a sixth-generation farm and land owner and a licensed real estate broker who represents buyers of farm, land and real estate properties and is an investor in small businesses and startup companies. He can be contacted through his web site at landhungry.com

77,946 Reads, 0 comments

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Today's Weather

Louisville, 39339, MS

Realtime Radar

Current Temp

67°F

Chance Light Rain

Chance of Rain: 50%
Max Temp: 68°F
Min Temp: 47°F
Temp Trend: NA
Feels Like: 68°F
Humidity: 96%
Sunrise: 6:44 AM
Sunset: 4:48 PM

Wind Speed: 5 mph
Wind Direction: SSW
Wind Gust: 15 mph
Sky Cover: 94%
Visibility: 6 mi
Dew Point: 52°F
Moon Rise: 3:11 PM
Moon Set: 4:18 AM

A chance of rain. Cloudy, with a high near 68. South southwest wind around 5 mph. Chance of precipitation is 50%. New rainfall amounts less than a tenth of an inch possible.

Hourly Forecast

7-Day Forecast

Based on data from National Weather Service and OpenWeather.