Timber markets were flat or down for most products in 1Q 2026. Unseasonably dry conditions kept supply at or above demand, holding prices steady for some products but pushing prices downward on others.
Wood products markets showed further signs of improvement this quarter, with Southern pine lumber, Southern plywood, and Southern OSB prices all increasing. Pulp markets also improved, with prices of softwood and hardwood pulp increasing 9% and 16%, respectively, this quarter.