Land Board sets higher timber sale target for 2013 as prices improve
Idaho’s state Land Board approved a timber sale plan for 2014 today that calls for harvesting 249 million board feet from state endowment lands, the highest logging level in more than a decade. The state endowment land timber cut has been fixed at 247 million board feet for the last several years, but next year’s includes a one-time adjustment, due to various factors in certain regions, that bumps it up by 2 million. In 2002, the state's timber sale plan volume was less than 175 million board feet.
The board, which consists of the state’s top elected officials and is chaired by Gov. Butch Otter, unanimously adopted the plan; the state received only positive public comments on it, including enthusiastic support from Bennett Lumber Products, Idaho Forest Group and Stimson Lumber Co. in North Idaho.
“Last year almost one-third of all sawlog volume brought into our facility originated from Idaho Department of Lands timber sales,” wrote Tom Biltonen, resource manager for Bennett Lumber in Princeton. “The IDL timber sale program is a critical component of Bennett Lumber’s supply base and long term viability. We appreciate the efforts of the Idaho Department of Lands in supplying raw materials to the timber industry and the resulting support of our schools and other endowments.”
Last year’s state timber harvest, despite the high level of cut, actually brought in reduced receipts due to lower prices. This year, state Department of Lands Director Tom Schultz pointed to some good news on that score – two timber sales in March brought an average stumpage price of $400 per thousand board feet, up from recent years’ averages of $200 or less; the state is now averaging around $250. State forester David Groeschl said the economic downturn brought significant drops in prices starting in 2008; now, there’s a surge in demand and a shortage of timber on the market from private sources. “Over the next couple of years we will see improved demand and improved stumpage prices,” Groeschl said. “I think overall, it’s going to continue to slowly improve.”