I wouldn't buy any land where I did not call all the shots, I believe the logging industry has been hit hard my the bad economy.
The good news is I doubt they are cutting much wood at all, unless it's being cut to ship over seas?, the bad news is one day things will get better and they may just show up one day and strip your land of all the trees!
If I bought land I would want to buy mostly hardwood with a bit of thick pine only for bedding areas.
I live in GA where most all the hardwood forest have been cut many years ago to plant pine forest just for logging, only God knows how much I hate pine trees!! I even removed them all from my yard!
I hate that people are out of work, but I could careless if there was a logging industy in this country.. I'm sure GA would have much larger racked bucks if there was more hardwood and less pine!