MISSISSIPPI STATE, Miss. (WTVA) -- Mississippi’s forest products came back to take the No. 2 spot in the state’s list of agricultural commodities with a 14.6 percent increase from 2012's harvest based on annual production values.
Mississippi State University's James Henderson, associate Extension professor in the College of Forest Resources, estimated the state’s forest products 2013 harvest value to be $1.17 billion, compared to the 2012 value of $1.02 billion.
“The increase can be attributed to several factors, including an increase in timber harvesting because of slightly higher prices,” Henderson said. “Severance taxes collected on timber sales are up 4.4 percent as of October, compared to the same period for 2012.”
The demand increase for Mississippi's forest products is linked to the U.S. housing market and new home construction, where Henderson expects continued growth.