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Value of Milled Black Walnut

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From: Wayne Fairbanks
City:
Groveland, MA
I have recently had approximately 875 board feet of Black Walnut lumber milled out for me. It is made up mostly of various widths of 1-1/4 thick boards quarter sawed to 8-10 foot lengths. I would like to know what value I can apply to this as I want to market it when it's dried. Can you help me with this?

 
Extension Message
From: Jay Hayek
Extension Specialist, Forestry
Department of Natural Resources and Environmental Sciences
jhayek@illinois.edu
Greetings Wayne:

I definitely do not dabble in green or kiln dried lumber. I'm strictly a tree and log guy--I leave the lumber stuff to the lumber and wood products specialists. Granted, sawlogs and standing trees are directly related to lumber prices.

As I've mentioned many times before, "value" is a function of many different variables (i.e., predictors) above and beyond volume: quality/grade, color, texture, length, diameter, thickness, market demand, market supply, marketing prowess, weather, fuel prices, economic forecasts, mill inventories, contract stipulations, etc. Due to these different predictor variables, I simply cannot value a forest product because value is more than just a volume or dimension--value is a function of multiple predictor variables--again, quality, grade, form, merchantable height, diameter, etc..

I truly wish I could just give you an answer, but unfortunately timber and lumber prices are a tad more complicated. However, this does not mean you're at a complete loss for information or pricing.

What I tell most people seeking "lumber prices" is to check the Internet, check with local wood workers, check local hardwood lumber outlets, and check with local tree farmers and portable sawmill operators. Is your lumber green, is it air-dried, is it kiln dried, is it planed, how many sides are planed, etc. What are the lumber grades? Obviously, all these questions factor into the retail or wholesale price of the lumber.

If the aforementioned doesn't help, then you can always contact your local university forest products specialist:

http://www.umass.edu/nrec/forest_products/index.html

Best of luck!

 
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