What is a “Local” Timber Price? What is a “Local” Timber Forecast?

| no comments in Forest Finance & Economics, Stumpage Forecasting, Timber Market Analysis, Timberlands, Wood Demand & Procurement

Our previous blog on the uniqueness of individual timber markets and wood baskets generated questions and follow-ups on the tyranny of regional averages and the challenge of localizing price forecasts. In our world, there is no such thing as an more…