Forest Data Network is composed of a group of people with backgrounds in forest land ownership, the information business, and technology. FDN uses modern computer technology to compile, analyze and present real timber transactions to compile price indices by species, region and statewide.
Timber pricing data is currently available for Wisconsin, Michigan, and Minnesota. If you would like us to prioritize your state, please e-mail us at info@forestdatanetwork.com
The pricing data is an index based on thousands of real transactions. But it is an index and may not reflect the value of timber on a particular piece of land because of variations in log quality, mill location logging, trucking costs and other factors. Our index prices may be higher or lower than prices paid on a particular parcels. Index prices make a useful benchmark, enabling you to make comparisons and make trends clear.
The frequency of updating depends on the harvest volumes and harvest frequency in the region. The regions with higher volume and harvest frequency are updated at least 3 times annually. Less frequent and lower volume areas are updated at least annually because of the lesser harvest frequency (and their report price is discounted because of this).
For regions with lots of harvest volume, the information is updated about quarterly. For regions with little volume, the information was gathered within the last year.
Each region (and the statewide information) contains 10 years of index pricing information for the species harvested there in commercial volume.
Get full real-time access based on thousands of individual sales transactions in the Forest Data Network database, at any time.