Global sawlog prices rose in the 4Q/13 resulting in the GSPI reaching its third highest level since 1995; the highest price increases were seen in Western North America, Northern Europe and the Baltic States. Higher demand for lumber and increased global trade of logs pushed sawlog prices upward in many markets during 2013, according to the Wood Resource Quarterly. As a consequence, the GSPI price index has move upward to reach its highest level in eight years. Log prices in Western North America, Sweden, Finland, Latvia and Japan have increased the most over the past 12 months.   ...