For many, many years the best wood arrow was Port Orford Cedar from Oregon...and if you can find some good quality old growth POC I think it still is the best. As supplies of POC dwindled, other wood arrow materials were tried and proven.
Personally, my second choice is Doug Fir since it's a little heavier, more durable, but harder to straighten. It is important to match the spine (at least within 5 lb) and I like to keep weight within 10-20 gr.)
The guys at Surewood know their stuff and can sure help set you up with the right shaft.