The tree is cut and topped in the forest. Some of the larger limbs may be taken and used for pulpwood or firewood. The cull logs are removed for pulp and firewood. The logs are then broken down in the sawmill into timber, cants, and lumber. Mill configurations vary from area to area.
Lumber is graded and separated.
Great job in explaining the initial process. By and large, lumber prices have the biggest impact on timber prices. These limber grades are governed by the amount of clear lumber which can be cut out of a board. Higher quality timber yields higher quality lumber - for a higher price. In addition, veneer from high quality timber adds additional value.