In the U.S. southern region, stumpage pricing for forest products remained relatively stable throughout 2023, with minimal movement in the fourth quarter. This trend was attributed to average seasonal demand and a lack of significant marketplace pressure, particularly in relation to housing demands. Looking forward to the first quarter of 2024 and the rest of the year, industry experts anticipate a continuation of the current trajectory with timber and lumber prices expected to remain relatively flat for the next three-to-six months. Influencing factors include the ongoing economic downturn, moderately subdued housing starts due to high interest ...