dogghr
Well-Known Member
Without getting political , may not realize that tariff was placed on softwood imported from Canada about 3 years ago. Canada subsidizes softwood logging on their public land allowing sales to US at undercut prices of domestic. That’s great.
On the flip , most red oak timbered in US is shipped to China for furniture construction to be sold back to us. With the China issue ,red oak has been tariffed by the Chinese which depressed that market , which was lifted about 6 mo ago. But w surplus of RO it will take a while to drive those timber prices back up early next year. That is why species such as whit oak sales higher than RO at the moment.
My land is mostly all RO and WO. You know what I’m waiting for. Patience.
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On the flip , most red oak timbered in US is shipped to China for furniture construction to be sold back to us. With the China issue ,red oak has been tariffed by the Chinese which depressed that market , which was lifted about 6 mo ago. But w surplus of RO it will take a while to drive those timber prices back up early next year. That is why species such as whit oak sales higher than RO at the moment.
My land is mostly all RO and WO. You know what I’m waiting for. Patience.
Sent from my iPhone using Tapatalk