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MINNESOTA DNR TIMBER PURCHASER'S SURVEY RESULTS

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MINNESOTA DNR TIMBER

PURCHASER’S SURVEY

RESULTS







DNR - Forestry

4/16/2010

The DNR conducted a survey of over 500 past purchasers of

state timber in the fall of 2009 to better understand current

needs, identify emerging issues, improve our sale rates and help

shape the future direction of our timber sales program. We

received responses from over 160 purchasers (33%),

representing a very diverse group. The results show differences

in preferences between purchasers of different buying areas,

volume produced and other factors. Understanding these

differences will enable us to improve our processes and policies

without negatively affecting other purchasers.



We want to extend a sincere thank you to all of you who helped

in this effort.

Key Findings

Respondents prefer scaled sales only slightly more than

pay as cut Sold On Appraised Volume (SOAV) sales, with

22% having no preference



68% of respondents indicated a 15% down payment was

no barrier to purchasing DNR auction permits



82% of respondents preferred a sale size less than or

equal to 1,000 cords*



49% reported 3rd-party certification as being somewhat

to very important





*Result was not weighted by firm size

Key Findings (continued)



38% of respondents say they would increase their bid for

permit lengths of longer than 3 years



73% of firms indicated that administrative rules and

procedures such as forms of security, or splitting the

annual timber offerings half and half between regular

and intermediate auctions, make DNR sales about the

same in market attractiveness as compared to other

public ownerships



While not nearly as important as price, access issues were

noted by many as a significant factor in whether or not to

buy a DNR sale.

Questions 1-3 establish a profile of respondents related to

volume, location and ownership of the timber they purchase.



Q1: What percentage of volume did you purchase by

ownership?



Respondents purchase

Private State

wood from all available 33% 36%

sources.



State stumpage had the County

highest reported % of 27%

volume purchased by Federal

respondents, at 36%, 3%

closely followed by private

at 33% and County at 27%.

Q2: What volume of wood do you purchase annually?





Of the 160 firms responding:





54% purchase less than or equal to 5,000 cords

22% purchase 5,000 to 10,000 cords

18% purchase 10,000 to 25,000 cords

4% purchase 25,000 cords to 50,000 cords

2% purchase more than 50,000 cords

Q3: In which Minnesota Counties do you buy wood?

PRIMARY COUNTY NUMBER OF PERCENT OF CUMMULATIVE %

FIRMS FIRMS



Koochiching 25 16% 16%

Itasca 23 14% 30%

Aitkin 16 10% 40%

St. Louis 15 9% 49%

Beltrami 11 7% 56%

Cass 9 6% 62%

Hubbard 8 5% 67%

Pine 8 5% 72%

Lake Of Woods 6 4% 76%

Cook 5 3% 79%



The top 10 primary counties represent 79% of respondents.

Q4: Do you prefer sales that are lump sum, PAC-scaled,

PAC-SOAV or no preference?



PAC (pay-as-cut)- scaled sales

Lump No

are preferred by 31% followed by Sum Pref.

PAC-SOAV at 28%. 19% 22%



19% of purchasers prefer lump PAC PAC

sum payment. Scaled SOAV

____________________________________________________________________

31% 28%

Sale Methods:

PAC =Pay-As-Cut (billed quarterly)

Lump Sum= sale is paid in full at time of purchase

Scale Methods:

Scaled= payment based on scaled volume

SOAV= Sold On Appraised Volume, payment based on appraised volume

Q5: Is the down payment required on DNR sales (15%)

a significant barrier to purchase of DNR sales

compared to other ownerships?





68% of firms said “NO

BARRIER”



By firm size:

Yes

75% of firms in the 25,000 31.7%

to 50,000 cord size range No

answered “YES, A BARRIER” 68.3%

(3 of 4 reporting).

Q6: What sale size best fits your business on an operating basis?



2,501 to > 4,000cds

4,000 cds 2%

1,001 to 3%

2,500 cds

14%

82% said 1,000 cords or

less 100 to 500

cds 39%

96% said 2,500 cords or

less 501 to

1,000 cds

43%

Q7: Would you generally prefer State timber sales to be

larger, smaller, or about the current mix of sizes:







Smaller

Current mix of sales is Volume

right - 56% 15%



Current Larger

Larger volume - 29% Mix Volume

56% 29%



Smaller volume - 15%

Q8a: How important is third-party certified fiber to

your business?





Very

About half of 13%

respondents indicated

certification is Not At All

somewhat to very Somewhat 51%

important. 36%



Conversely, over half of

respondents indicated

certification was not

important at all.

Q8b: Which certified fiber system are you using?









52% of respondents use FSC

9%

both systems.



67% of firms that purchase Both

SFI

more than 25,000 cords per 52%

39%

year utilize SFI exclusively.

Q9: Rank these items (1 to 4), with 1 having the

greatest impact on your interest in a timber sale?



Only the #1 answers are shown.



Some 50% of purchasers Access

25%

reported species as the #1 Species

consideration. 50%

Wood

Quality

Total is more than 100% 30%

because many respondents

Sale Location

recorded multiple #1 items. 34%

Q10: Compared to a one year sale, would you be likely

to raise your bid by at least 10% for a permit length of:





2 Years

Of 144 responses:

7%

66% of all firms said they

would increase bid for permit Doesn't

lengths of >= 2 years. Matter

3 Years

34%

26%

All 3 MN firms that cut

more than 50,000 cords said

they would increase their bid

for permit lengths >=3 years. LongerThan

3 Years

33%

Q11: Are multi-area DNR auctions helpful to your business?



Definition: A multi-area DNR auction means that two or more

areas bring timber sales to the same place, on the same day, on

the same notice of sale.



YES-

YES- 42%

Main reason given:

-Saves time

Yes

42%

NO-

NO- 58% No

Main reason given: 58%

-Increases competition

Q12: When compared to other ownerships, is there

anything about state timber sales that make them

more or less desirable to acquire? If yes, please explain



Explanations for more desirable:

-Boundary lines are marked

-Professional staff oversees

-Certified status of the wood Yes

-Length of sale-more options 41%

No

Explanations for less desirable: 58%

-Sale regulations more complicated

-Higher security requirements

-Quality issues with the timber

Q13: Does the sale method of regular or intermediate auction

versus informal sale, have an impact on your willingness or

ability to purchase state timber? If yes, please explain



Yes-

Yes- 42%

Some explanations given for

yes:

-Can’t outbid the big guys… Yes

42%

-Opens doors for some No

smaller operations 58%

-Some complained because

they were unable to bid on

intermediates…

No-

No- 58%

Q14: If you know of DNR timber sales that went unsold for

reasons other than price, please list the reasons why you did

not bid, in order of importance.



TOP 10 REASONS FOR NOT BIDDING ON A DNR TIMBER SALE,

OTHER THAN PRICE …



1. Access issues (no guarantee, wetland, roadwork)

2. Poor quality wood

3. Sale is too small

4. Distance to markets is too far

Un-

5. Un-merchantable species percentage too high

6. Expensive road costs for low volume

7. Cumbersome sale harvest restrictions

8. Seasonal operating restrictions

9. Sale is too large

10. Have enough permits for now

Q15: When compared to other public ownerships, do

administrative rules and procedures such as the different

forms of security required, or splitting annual timber

offerings annual make DNR sales more or less

attractive? If answer is not the same, please

More

Reasons why more Attractive

attractive: 7%

-Intermediate/Regular split Less

is helpful to some Attractive

21% About the

Reasons why less attractive: Same

-Too many sale rules 73%

-Too much security

-Intermediate/Regular split

negative for some

Q16: Would you consider doing site work, in addition

to logging, if you could use your existing equipment

and it would offset a portion of your stumpage costs?

Already

Doing

Example: Felling No

1%

residual trees 10%









Yes

89%

For more

information







U&M Program Contacts:

Keith Jacobson, U&M Program Supervisor, keith,jacobson@state.mn.us

Mimi Barzen, mimi.barzen@state.mn.us

Rick Dahlman, rick.dahlman@state.mn.us

Don Deckard, donald.deckard@state.mn.us

Lance Sorensen, lance.sorensen@state.mn.us

Steve Vongroven, steve.vongroven@state.mn.us

Timber Program Contacts:

Lillian Baker, Timber Program Supervisor, lillian.baker@state.mn.us

Gaylord Paulson, gaylord.paulson@state.mn.us



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