Why Prices Are Up Like Cox and Bates, landowners across the South are waking up to the financial potential of forestry. By now, you've probably heard coffee-shop talk of fantastic timber sales. The spotted owl conflict of the Pacific Northwest receives the most media coverage and part of the blame. But the real cause is taxpayers' desire for more recreation in their national forests. Look for this trend to continue.
Exports are up sharply.
European and Asian demand for American timber and paper are strong. The U.S. housing market was fairly strong in 1994 and early 1995. Home building may stagnate if the economy stalls or interest rates rise. But the remodeling and repair segment continues to gobble up wood. Consumption of paper and cardboard remains strong.