Katrina creates timber glut, lower prices

Prices for timber products should begin a slow improvement once the market absorbs the wood being salvaged from hurricane-ravaged forests, a Mississippi professor predicts. Bob Daniels, forestry professor from Mississippi State University, said the market is glutted with wood, and that has driven prices down. It is likely low prices are "probably going to persist ...

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Katrina creates timber glut, lower prices

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