The sale of valuable timber has once again generated high revenues for Saxony's forest owners this year. An average of 574 euros per cubic meter was paid at the timber submission, a kind of auction, as the state-owned company Sachsenforst announced on Thursday. This was around nine percent less than in the record year of 2023, but 19 percent higher than the result in 2022. 781 cubic meters of wood from private, municipal, church and state forests were auctioned off. The total of 525 logs came from forestry operations from Vogtland to Upper Lusatia and together fetched 448,194 euros - almost 100,000 euros less than in the previous year for 859 cubic meters.
In the auction, interested parties submit written bids after inspecting the wood. The highest bidder then receives the respective trunk later. The money helps to cope with the "historically high damage", especially due to massive bark beetle infestation and drought", and to finance investments in reforestation, especially in the difficult situation that has persisted for years, said Thomas Rother from Sachsenforst.