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Veneer Trees: Per Unit Volume Price

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From: chuck mcdaniel
City:
metamora, IL
i understand why a larger walnut veneer tree is more valuable due to more board feet available. but why is the price per board foot a higher value in addition to just more volumn?

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

The answer to your most excellent question is rather simple: large diameter veneer trees are less common than smaller diameter veneer trees; large diameter veneer trees contain more useable veneer volume and they also contain higher quality veneer due to the fact that large veneer trees have a bigger veneer “quality zone” and thus, they are more coveted by veneer buyers as compared to smaller diameter veneer trees – assuming all other veneer quality attributes are held constant, such as similar color, texture, sapwood, grade, log length, market demand, etc.!

Therefore, large or larger diameter veneer trees – especially black walnut, black cherry, and white oak – generally command higher per unit volume prices compared to per unit volume prices for smaller diameter veneer trees of the same species; assuming all other veneer quality attributes are held constant! This “higher per unit volume price” concept easily goes out the window when you start making apples to oranges comparisons!

I hope this answered your question.

 
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