In response to the increases in net annual growth and 
inventories, timber supplies (harvests) on the other private 
ownerships in the South rise 31 percent over the base pro- 
jections by 2030. This is partly offset by a drop in harvests 
on the forest industry ownerships. Total harvests on all pri- 
vate ownerships in the South go up by 9 percent, from 6.2 
to 6.7 billion cubic feet in 2030. 
This increase in harvests has large impacts on softwood 
sawtimber stumpage prices. They are lowered to about 36 
percent below the base by 2030 (fig. 4.17). Softwood saw- 
timber stumpage prices in the other timber-producing re- 
gions are also reduced, especially in the Pacific Northwest, 
where they drop 26 percent below the base. 
The lower softwood stumpage prices in the South are re- 
flected in increased product outputs. Softwood lumber pro- 
duction rises from 18.5 billion to 22.1 billion board feet; 
softwood plywood production goes up from 11.2 billion to 
13.1 billion square feet. These increases are partly offset by 
Price index (1984 = 100) 
350 
300 
250 
200 
150 
100 
declines in other producing regions, particularly in the Pa- 
cific Northwest. 
The rise in softwood lumber and plywood production re- 
sults in an increase in the volume of plant byproducts avail- 
able for use by the pulp industry. As a result of this and 
the higher levels of growth and inventories, softwood pulp- 
wood stumpage prices are sharply reduced; those in 2030 
in the Southeast, for example, are only a little over half 
those in the base (fig. 4.18). Pulpwood stumpage prices, 
however, have relatively little impact on pulpwood consump- 
tion in the South. 
Lower prices for sawtimber stumpage are reflected in 
prices for softwood lumber. They are about 10 percent be- 
low the base in 2030. In response to those lower prices and 
increased levels of domestic production, softwood lumber 
imports are also reduced, by 1.4 billion board feet in 2030. 
Base 
Economic opportunties on 
private timberland, 
cropland and pasture 
1990 2000 
2010 2020 2030 
Figure 4.17—Projections of softwood sawtimber stumpage price indexes in the South, with and without utilizing the economic 
opportunities on private timberland, cropland, and pasture 
in) 
i) 
N 
