Investor Relations - Timber and Real Estate Performance slide image

Investor Relations - Timber and Real Estate Performance

Pacific Northwest Demand and Pricing Have Recovered Pacific Northwest Log Demand & Pricing (BBF / $ per MBF) 14.0 12.0 10.0 8.0 6.0 4.0 20 2.0 I $800 $700 $600 $500 $400 $300 $200 $100 Q1-2006 Q2-2006 Q3-2006 Q4-2006 Note: Source: Forest Economic Advisors; RISI. Log exports converted to lumber basis assuming 2.35 recovery rate. Investor Relations | May 2017 Pacific Northwest log demand and pricing have generally recovered to pre-recession levels due to increased export demand. Q1-2007 2-2007 Q3-2007 Q4-2007 Q1-2008 Q2-2008 Q3-2008 Q4-2008 1-2009 Q2-2009 West Coast Lumber Production Douglas-fir Log Price (Log Lines Region #1 - #2 Sawlog) Log Exports (Lumber Basis) Western Hemlock Log Price (Log Lines Region #1 - #2 Sawlog) B-2009 -2009 -2010 Q2-2010 Q3-2010 24-2010 Q1-2011 Q2-20 Q3-2011 Q4-2011 Q1-2012 Q2-2012 Q3-2012 Q4-2012 21-2013 Q2-2013 Q3-201 Q4-2013 1-2014 Q2-2014 3-2014 Q4-2014 Q1-2015 Q2-2015 Q3-2015 4-2015 Q1-2016 Q2-2016 3-2016 Q4-2016 I Rayonier 21
View entire presentation