Timber prices fell significantly for all log category sizes in the third quarter compared with the same period last year. Medium to large sawlog prices are down by 16% over the same period in 2015, while small log prices are down by 32% according to data supplied by Coillte and UCD (Table 1).

The downward trend in medium to large logs has been consistent throughout the year, but the drop in small log sizes is surprising as prices have been strong throughout the year.