Jul 28, 2010. /Lesprom Network/. Deltic Timber's 2Q net income was $5.5 million, compared to $1 million a year ago. The improvement was primarily due to significantly higher sales prices for lumber during the 2Q 2010 and a sales volume increase to capitalize on the market improvement, the company said in a statement received by Lesprom Network. Net cash provided by operating activities was $9.6 million for 2Q, which compares to $5.1 million a year ago. For the first six months of 2010, net income totaled $7.8 million, compared to a loss of $.2 million, for the same period of 2009, and net cash provided by operating activities was $14 million compared to $5.5 million for the first half of 2009. The Woodlands segment earned $6.4 million in the 2Q of both 2010 and 2009. The pine sawtimber harvest level during the current period was 169,290 tons, an increase of 2,684 tons when compared to 166,606 tons harvested in the 2Q 2009. The average per-ton sales price for pine sawtimber decreased seven percent to $28 per ton in the current-year 2Q versus $30 per ton for the same period of 2009. Commenting on the results, President and CEO, Ray C. Dillon, stated, “The economic leverage of Deltic’s ownership of efficient lumber manufacturing operations continued to be evident during the second quarter. Our sawmills not only protect the value of our core timberland assets, they also have the potential to generate outstanding income and cash flows for the company whenever market conditions present opportunities. Although the lumber market has now softened from the peak that occurred during the 2Q, we will continue to emphasize hourly productivity rates and other operating efficiencies as we adjust operating hours in our facilities to match production levels with demand.” Concerning the outlook for the 3Q and year of 2010, Mr. Dillon stated, “We currently anticipate the pine sawtimber harvest to be 165,000 to 175,000 tons and 550,000 to 600,000 tons, respectively. Finished lumber production and sales volumes are estimated at 65 to 75 million board feet for the 3Q and 240 to 260 million board feet for the year, depending on market conditions. Residential lot sales are projected at 2 to 5 and 20 to 30 lots for the 3Q and year of 2010, respectively. Deltic has already closed on the sale of approximately 19 acres of commercial real estate in Chenal Valley during the 3Q 2010. Any further commercial real estate acreage sales during 2010 is difficult to estimate due to the many factors that are involved.”