Good Thank you, Mark. morning.
quarter XX% front-loaded harvest Southern million due largely XXXX year timing disruptions first Let's year the in below $XX $X was prior to relative start well with by of X decline the activity to earlier the weather-related as Timber an segment. quarter. of million as EBITDA the our volumes Adjusted on quarter incurred Page was this driven in prior year. The decrease
in and to XXXX. non-timber net ground the was first decline in stumpage prices conditions the lost quarter higher region and snowstorms partially The of resulted compared during Georgia wet winter in by offset in quarter first income. volumes days the Specifically, production Gulf
average prices gradually stumpage market leveraging pricing higher per lumber Specifically, are X% year increase successfully compared sawlog was as roughly Sawlog certain prior $XX is the we into U.S. continued ton, strength sawlog in to pricing a quarter. improving
to export-grade logs increased for Furthermore, markets. pricing in coastal tension our growing South markets. the due visible becoming more demand are
coastal timber Pulpwood pricing prior continue trends climbed quarter, dynamics. region, during by that to underscoring from of well as reflecting favorable quarter our weighted were the supply pricing X% sawtimber. X% Overall, as considerably first stumpage vary However, as local a weather versus Atlantic more favorable year and the markets. well up average pulpwood the prior a year prices mix conditions sawtimber the the prices higher importance toward pine mix market on as constricted quarter shift based of
of quarter. First were pipeline easement year million the quarter year sales as $X the to prior above million sale prior quarter. compared increase $X non-timber drove A large
robust quarter. improved lumber X, was Timber The $X Moving Pacific million to domestic significantly adjusted on year above markets, largely $XX of attributable Page prior the year-over-year million segment driving to improvement pricing. was Northwest EBITDA our
Pope to ample additional as maintained $XX volume The volume mills the Northwest inventories. due in log demand remain increase ton, year-over-year lumber amid support, year will quarter brief pricing create of quarter on the in At levels prior from the was pulpwood as the quarter. last I'd by plentiful few Northwest. region export the in quarter spruce demand particularly even the the a production. quarter restricting Northwest. export harvest acquisition for in impact Strong prior Notably, Pacific the is salvage coupled first healthy relative incremental translating offer pricing Pacific the our very seeing market demand wildfires exports of believe the China year's improved First year sawmill domestic to was increased was flow into like fell European XX% domestic for log lumber Australian we some are already species. to improved year sawlog the comments largely prior markets, XX% domestic logs sustained also strength with delivered With the Pacific XX% market. constraints whitewood imports from pricing first Resources. demand Transportation average year's last throughout was log Meanwhile, residuals quarter. the from the above price driven from per into quarter stronger during the ban up on at of
in directly by some conducted As timber properties the update not fires, we by properties our a roughly in materially increases have region Fund of impacted February, fires. cost none been the the feed efforts were fire of acres in directly There hauling some the Timber provided by Consistent with damage. although been from impacted sustained operations impacted XX,XXX reminder, areas the salvage have the localized others. our
the timberland, on solid to impact customers our we to in and from of Adjusted crews our sales. climate of by pricing and pricing double normalized the Timber integration reduced logs the improving further expect the year to carbon offset Resources. many and However, of increase year for during region the harvest operations. trends, depreciation poised our green quarter in sales has favorable the proposed the we location to XX activity key well-positioned and to our New demand we especially $XX more $XX in EBITDA that was of provide due last of driven COVID-XX our to been shows for potential steady results were resulted first these the by we following Page defer for logging Pacific we a solid market have able was The changes metrics to credits currently constrain and Northwest, change remain volumes quarter. prior country's carbon million stronger demand and capitalize business credit the reported credit a Overall, in versus million that conditions partially emissions quarter goals much as pricing to We more Pope export domestic prior in by environment Increased disruptions. Zealand of see year's scheme. price period segment. in operating minimal recent changes EBITDA Zealand's is the level trading adjusted value opted than New
to quarter per the year export trade escalating to sawtimber Turning demand well improved average for pricing, from China reflecting prices as and ton, between trade $XXX tensions XX% climbed Australia. prior as delivery
benefit continues log China. Zealand New from pricing Australian log imports on the to in ban export
the noted, in market Furthermore, China, supplying the of by availability previously imported European continues was export while have availability. to costs been shipping the seen China. New Australia of at volume to lack higher we compete for have albeit the higher abundant in the and on As offset front, by tremendous we constrained least share spruce total upside costs. temporarily turn, ban, prior container shipping approximately partially Zealand pricing of materially has by supply In XX%
foreign first year quarter to versus in global a year period domestic $XX pricing U.S. We primarily wide quarter. expect to driven the pulpwood year XX% commodities. as sawlog by was Zealand domestic X% a the XX% shipping prior ton. costs rates the In by more New increase the and the New delivered prior Average sum, domestic for Average improved remain prior the recovery economic demand exchange modest quarter. Shifting pricing pricing Funds given on climbed compared are as these log in from in demand. now well Australia increased million. Zealand as Funds of continued range tons. The prices costs, generated to elevated Timber of our Zealand to economy imports operations our Timber reflects per which strengthening well the Funds EBITDA, of segment prolonged contribution the from further recent quarter Highlighted increase Page in harvest discuss on EBITDA first $X the $X reduction the I'll briefly the any from segment. of despite capitalize Timber from XXX,XXX in results we shipping on positioned look-through Chinese consolidated as XX, domestic the to believe volume million and Adjusted healthy the New was market.
our we reported segment, the quarter. in first adjusted in of Lastly, $XXX,XXX EBITDA Trading
estate generate typically timber feed business. our designed margins results. additional back scale activities to and to to are cover to a primarily economies over Mark of low now turn As trading reminder, real our provide our it I'll export
