The total amount of precipitation the US South received in the fourth quarter of 2015 was a record high, making it one of the wettest periods of the last 15 years. While certain geographic areas are still recovering from the deluge and the accompanying flood damage, the unusually wet season did not dampen regional stumpage prices and timber markets.
According to the National Oceanic and Atmospheric Administration (NOAA), a total of 185 inches of precipitation fell across the US South in 4Q2015 compared to an average of 109 inches that fell in the fourth quarters from the previous 14 years. This represents a 70 percent increase. It also marks a 3 percent increase over the old 15-year record of 180 inches in 4Q2009.