All Stumpage Markets are Local
By Dr. Shaun Tanger, LSU AgCenter and Dr. Eric McConnell, Louisiana Tech University
As many of you undoubtedly know, a devastating blow was struck to pulpwood markets in southeast Louisiana in January. Georgia-Pacific’s (GP) Port Hudson mill announced it will eliminate 630,000 tons of uncoated freesheet (UFS) paper capacity and completely exit that market. Although this has ramifications for global markets, the old adage is that stumpage markets are local, and the impact will harm landowners, loggers and even other mills in the area for years to come.