October to December 2025
A quarterly summary of timber-price trends, reporting coverage and state timber-sale activity. Detailed prices and calculations are available to subscribers.
The MI DNR stumpage price report for October to December 2025 is out: 436 price lines across 15 of 80 management units and 23 species.
The Michigan Timber Index for sawtimber moved down this quarter; pulpwood held steady.
Up statewide: sugar maple, mixed aspen, basswood sawtimber. Down: mixed oak, white pine, red oak.
Up statewide: mixed oak pulpwood. Down: paper birch, white pine, mixed aspen.
Of the 140 state sales opened this quarter, 102 sold and 38 drew no bid — 27% — with 2.3 bidders on a sold sale on average.
The previous quarter (Jul–Sep 2025) opened 150 sales, 41 no-bid — 27%; the same quarter a year earlier (Oct–Dec 2024) opened 107, 26 no-bid — 24%.
The figures behind every line — every price, every receipt — are in the record at stumpage.net.
What this edition holds
The documents behind this note
- 10-01-2025 to 12-31-2025.xlsxfetched Aug 20, 2026
- Stumpage Report 10-01-2025 to 12-31-2025.pdffetched Aug 20, 2026