Important Information

• Listed stumpage prices may include some stumpage price estimates extrapolated from 2023-2025 mill delivered and stumpage price differences, and some weight estimates extrapolated from volume, where appropriate; determined separately by species and product.
• Stumpage prices depend on several factors, including but not limited to timber quality, road conditions, mill proximity and weather conditions. While the reported prices reflect average statewide stumpage values, they are not intended to represent any past, current or future values for any buyer or seller.
• Any use of this information is as is, with all faults, and without any warranty of its accuracy.
• All statistics were derived from at least four, and as many as nine quotes received between Jan. 14 and March 13, 2026. However, caution is advised, especially regarding cedar sawtimber prices, which have a broader range than those of other species and products. This is due to differences in tree growth forms and supply-and-demand factors between eastern and western Oklahoma. When analyzed by region, cedar sawtimber prices may be higher in western Oklahoma and lower in eastern Oklahoma.

2024-2026 Price Trends

• Pine and all pulpwood and chip-n-saw prices have declined during this period.
• Hardwood sawtimber prices have fluctuated during this period, and have recently increased.
• Cedar sawtimber prices have been relatively volatile during this period.

2026 Market Outlook

• Pulpwood and chip-n-saw prices are weak, cedar sawtimber is steady and hardwood sawtimber looks good. Pulp markets are on quotas, and if diesel prices hold steady or increase, it may make pulp unmarketable in parts of Oklahoma.
• Although there is optimism for summer prices depending on the economy and housing, demand and prices are not good in the immediate future.
• Interest rates are affecting low housing starts, while dry weather has allowed mills to fill with cheap inventory. Regional market demand will increase when interest rates change, and wet conditions limit logging output.

For questions on this report, please contact Ryan DeSantis at (405) 744-5463 or ryan.desantis@okstate.edu

 Figure 1. A bar graph comparing annual Pine sawtimber, Pine pulpwood, Pine chip-n-saw, Hardwood sawtimber, Hardwood pulpwood and Cedar sawtimber prices between 2023 and 2026.