Two Bidders Push GNA Pine-ing Away to 211 Pct Over MT DNRC Minimum

GNA Pine-ing Away Timber, offered by MT DNRC's Northwestern Land Office, sold October 22 at $18.03/ton, 211 percent over its $5.80/ton per-unit minimum, with two bidders. The total high bid was $372,896 against a $119,931 total minimum. The fall board's green sawtimber median is 29 percent over minimum across 33 sold sales.

• Board: 33 sold sales since August 22, green sawtimber median at 29 percent over minimum, 75,833 MBF (state) total.
• Top premium on the board: Coal Train (WA DNR, Northwest Region) cleared $18.86/ton against a $3.71/ton per-unit minimum, 408 percent over the per-unit minimum, 1 bidder. Total high bid $578,153 against a $113,730 total minimum.
• Biggest volume: East Bead (WA DNR) at 50,644 tons, total high bid $1,864,206.
• No bids: Five sales drew no bid. Country Boy, Q Parody Peak and Q Dead End (all WA DNR) are named in this digest. Two additional no-bid sales are not identified.

Upcoming auctions

63 sales are advertised in the forward book. The soonest is Mystree Solved (ODF, Forest Grove), up today October 23, with no volume published. Among the October 28 WA DNR offerings, Kunamakst Again (Olympic Region, Jefferson County) is the largest at 14,519 MBF with a $2,038,000 minimum, followed by Fishhook (Olympic Region, Clallam County) at 6,424 MBF and a $2,151,000 minimum. West Bead (WA DNR, Northeast Region, Pend Oreille County) and Q Flowery Trail (WA DNR, Northeast Region, Stevens County) both go October 27, at 7,717 MBF ($989,000 minimum) and 6,576 MBF ($1,306,000 minimum) respectively. South Mountain Salvage Ton (IDL, Southwest) offers 10,892 tons on October 28, and Little John Deck (Forest Service, Mount Hood National Forest) is also on for October 28 with no volume published. Plus 14 sales advertised earlier this month have had their auctions with no results yet posted.