The value-relationship between these two trees (shown below) has evolved considerably during the past two decades.
Below, on the left is a terrific white oak (Quercus alba). To its right is a great example of our region’s typical black cherry (Prunus serotina).
Further below, readers will note the marked change in the comparative timber stumpage price between these two species over time. The confluence of numerous supply and demand forces have impacted the price and global preferences for both black cherry and white oak timber products in recent years. Our mixed northern hardwood forests naturally provide a diverse array of timber species and non-timber conservation values, affording our region’s forest landowners considerable diversity, flexibility and optionality. The chart below illustrates the importance of maintaining species diversity and readiness when market opportunities arise. Contact a member of our seasoned team today, and see how FORECON can help you manage your valuable forest resources.
Questions? Our foresters would be very happy to speak with you about the markets, and more importantly, your goals and objectives for your land.