Are surging lumber prices more a reflection of supply side or demand side dynamics?
Where Do We Go from Here? A Q&A with Forest2Market CEO Pete Stewart
By Pete Stewart
Forest2Market President & CEO Pete Stewart recently participated in a Q&A that is published in the June issue of The Forestry Source. The magazine is published monthly by the Society of American Foresters and contains valuable news and information for forest resource professionals nationwide.
Southern Timber Price Update: Pine & Hardwood Products Diverge in 1Q2020
By Mike Powell
After experiencing a wild ride during 1Q2019, southern timber prices diverged by product type a year later in 1Q2020. It’s important to note that the price trends from this period largely do not include the impacts that the COVID-19 pandemic has had on regional stumpage markets, which will be more evident in 3Q and 4Q.
Can Georgia/Florida Market Handle Impacts of New Timber Demand?
By Joe Clark
The Georgia/Florida region has long been a vibrant timber market in the US South, and it is home to a diverse group of long-standing manufacturing facilities in the area. Now, a confluence of three events is poised to have some significant, long-term impacts on the regional timber market.
In the Pacific Northwest (PNW), the forest products industry has rebounded somewhat sooner than most believed it would since the COVID-19 pandemic shutdown that began in March. Lumber demand has surged in recent weeks, log prices are steady, and there is guarded optimism across the board now.
Discussing the Past, Present, Future of the Tissue & Towel Industry
By Travis Durkee
Toilet paper supply and demand has charged to the forefront of the pulp and paper industry during the COVID-19 pandemic. Mills have added shifts and converted machines to meet the demand for household tissue and towel products as consumers put a newfound premium on personal hygiene.
Want to Maximize CO2 Sequestration in the Forest? Cut a Tree
By Stan Parton
There is growing sentiment that in order to combat climate change, we need more forest coverage to help absorb excess carbon dioxide (CO
2). The “default” position of many NGOs and much of the public is that, to accomplish this goal, we should just let trees grow in perpetuity, and we should never cut them.
Australia’s April Housing Approvals Push the Cliff Further Into 2020
By Tim Woods
Expectations of a massive decline in dwelling approvals in April moved out another month, as seasonally adjusted approvals declined just 1.8 percent on the prior month. At 15,123 total approvals, the expectation of a fall of more than 10 percent is now anticipated to be delayed into the next few months.
After plunging two consecutive months (30 percent in April alone) to the lowest level since early 2015, US homebuilding appears to have bottomed and marginally reversed course in May. While the global economy is not yet put COVID-19 in the rearview mirror, there is reason for optimism as applications for home loans surged to an 11-year in mid-June.
Total industrial production (IP) fell 11.2 percent in April (-15.0 percent YoY) for its largest monthly drop in the 101-year history of the index, as the pandemic led many factories to slow or suspend operations. Manufacturing (NAICS basis) output dropped 13.8 percent, its largest decline on record, as all major industries posted decreases.
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