pulpwood, has become a mainstay in southern timber markets in recent years. Most of the
previous studies in southern timber markets primarily focused on pulpwood and sawtimber
markets, and often overlooked CNS as a standalone timber product. Using the Subregional
Timber Supply model, this study examines the dynamics of sawtimber-and pulpwood-
dominated softwood stumpage markets with growing CNS markets in the US South. Results …