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The first half of 2016 is now in the books. As we approach the latter half of the summer, it’s a good time to examine how stumpage prices across the US South have performed over the last six months and project how 2H2016 will develop. Pine stumpage prices across the South gained ground during the 1H2016 time period when compared to 2H2015 numbers, while hardwood prices slid. Pine pulpwood and pine chip-n-saw saw prices increased 2.0 percent and 2.6 percent, respectively, while pine sawtimber surged +4.3 percent to $27.03/ton during the first half of this year. Hardwood pulpwood fell, but only slightly (>1 percent) during this six-month period, while hardwood sawtimber tumbled -3.8 percent to $20.75/ton.