Jack - ERC logs are all over the board as far as pricing. You got your little logs that are used as they are but cut to length for fence posts. Then you got slightly bigger logs that'll square out a clean 4x4 or 4x5(8 ~ 10" diameter) then your 6x6 or 6x8's (10" ~ 12") diameter. Then you got saw logs 12" ~ 16" diameter. Some loggers sell it as pulp wood by the ton, others take logs to the chip yard which also buys the logs by the ton. It take a lot of cedar logs to make a ton by the way. Some people sell the saw logs per log or by the international scale. It all depends on what the logs are and who your dealing with.
Word of advise - look over the butt cuts real well for any sign of dote - pass on the log if you see any hint of dote, chances are it's dote in more than just the small area you see on the butt. I've sawed a little bit of cedar and found generally that if I subtract 4" from your small end diameter and if the log is good and straight with no crook or lobes that's what it'll cant out as.
Your premium sawlogs are inbetween 12" ~ 16" in diameter (little end), no dote and smooth bark'ed a well formed tree, ERC with rough bark and or lobes has a lot of bark inclusion that runs deep into the log and it'll show up in your lumber. Generally ERC logs over 16" in diameter (little end) are dote ridden, not worth the time to put on the mill and should be taken to the chip yard to be made into hamster cage lining. Sometimes you get lucky and can cut around the dote in the bigger logs but not often.
Sorry I could not help more - I've got ERC logs for free and paid all the way upto $750.00 a thousand (international scale) delivered on tractor trailer for premium sawlogs. So somewhere inbetween free and .75 would be about right :gar-Bi
A friend of mine just sold wide (8" ~ 14") green fresh off the log 4/4 ERC for $3.50 a BF it was by far the prettiest ERC I've seen and not something you'll see much of around here.