Figure 24 — Higher prices for timber products may increase interest in recycling solid wood products. 



Figure 25 — Higher prices for timber products may increase the application of new technologies such as 

 laminated I-beams. 



During recent decades, there have been demand pressures on high-quality preferred 

 species such as select white and red oak, walnut, hard maple, and black cherry. The 

 resulting stumpage price increases have led to the development of substitutes such 

 as plastic overlays for furniture. Although analyses of the past decade have been 

 mixed as to continuation of price rises, it is assumed that prices for preferred species 

 will rise in the future because of strong demands. 



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