Feb 22, 2023
Demand growth and price responsiveness can influence inventory tipping points of high-grade white oak.
Gaurav Dhungel, David Rossi, and Justin Baker White oak timber is fabricated into a myriad of forest products such as caskets, cabinets, railroad ties, and pallets. However, high-quality white oak trees (large-sized trees with few or no defects) are primarily used for barrel production for aging bourbon, rendering white oak stave logs a niche market…