Which tree species has the highest stumpage rate in Illinois?

Which tree species has the highest stumpage rate in Illinois?

• A. White oak
• B. Black walnut
• C. Pine
• D. Red maple

Answer: (B)

Stumpage value rises with end-use value and how scarce the species is in the local market. Black walnut sits at the top of Illinois markets because its wood is highly prized for premium veneer and fine furniture, and the supply of large, straight, high-quality walnut logs is comparatively limited. That combination—strong demand for walnut products and limited high-grade supply—drives the stumpage price upward, more so than other common Illinois species. White oak is also valuable for furniture and barrels, but the premium for walnut logs typically outruns it in many Illinois markets. Pine generally commands lower stumpage prices due to being a softer wood with broad, more common use. Red maple is plentiful and versatile, but not as highly valued for high-end veneer and specialty furniture as black walnut.

Stumpage value rises with end-use value and how scarce the species is in the local market. Black walnut sits at the top of Illinois markets because its wood is highly prized for premium veneer and fine furniture, and the supply of large, straight, high-quality walnut logs is comparatively limited. That combination—strong demand for walnut products and limited high-grade supply—drives the stumpage price upward, more so than other common Illinois species.

White oak is also valuable for furniture and barrels, but the premium for walnut logs typically outruns it in many Illinois markets. Pine generally commands lower stumpage prices due to being a softer wood with broad, more common use. Red maple is plentiful and versatile, but not as highly valued for high-end veneer and specialty furniture as black walnut.