November Poll
Panel and lumber prices have disappointed for most of 2019. Will recent curtailment announcements affect pricing through 1Q2020?
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Results From October's Poll
Based on wet weather patterns during 2019, have you changed your inventory plans for the upcoming fall and winter seasons?
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US Hardwood Industry Reeling from Tariffs, Trade War with China
By Pete Coutu
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While softwood logs and lumber typically dominate the conversation due to their scope in new construction markets, hardwood log and lumber exports have taken a real beating over the last year and the dramatic shift in fiber demand is affecting the entire supply chain—particularly in the Appalachian and Northeastern regions.
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Southern Yellow Pine Lumber Prices Reflect October Market Jitters
By John Greene
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Southern yellow pine lumber prices have been relatively flat since the beginning of September, despite housing starts posting a 12-year high during the previous month. Price volatility has been minimal over the last six weeks, staying within a range of roughly $7.
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North American Softwood Lumber Prices Lose Ground Amid Market Uncertainty
By Keta Kosman
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Now is a time of heightened uncertainty for the North American construction framing dimension softwood lumber market, as the price of most lumber items last week moderated downward compared to one month ago. Wild upward price swings from early 2018 have been followed by dizzying drops this year. Marginally improving US housing starts data, disruptions to timber harvests in the Pacific Northwest (PNW), and a large reduction in Canada’s sawmill capacity utilization rates are just some of the recent changes to the forest industry.
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Forest2Market Announces New Regional Sales Manager for Europe
By Forest2Market
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Agris Melnis has joined Forest2Market as Regional Sales Manager for European markets, including the Nordics, the Baltic States and Russia. In his new role, Melnis will act as a supply chain expert and advisor to existing and prospective customers in the region and advise forest products industry participants on the use and integration of Forest2Market products and services into their business decisions. He will also represent Forest2Market at industry meetings throughout the region.
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Brazil’s Pine Export Market Braces for (Negative) Impact
By Marcelo Schmid
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Forest management is a long-term activity and investment; it takes years of patience to reap the rewards of the effort that is sown both monetarily and materially. The market for forest products, on the other hand, operates in a completely different dynamic, as the variables that drive these markets can develop very quickly and are oftentimes volatile. Global demand for wood-based products can fluctuate wildly even from season to season.
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Wood Bioenergy, Forest Management Key to Combatting Climate Change
By John Greene
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Seth Ginther, Executive Director of the U.S. Industrial Pellet Association (USIPA), recently wrote an excellent piece for Biomass Magazine detailing some of the takeaways from a new report published by the Intergovernmental Panel on Climate Change (IPCC). In part, this report looks at land use changes and the associated effects on climate change, which encompasses important material for global advocates of working forests, sustainable forest management and wood bioenergy. Ginther’s piece is concise and worth reading in its entirety.
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Mass Timber Business Planning and Development Supported by USFS Grant Program
By Roy Anderson
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Last May, the US Forest Service announced the 2019 Wood Innovation Grant (WIG) recipients. A total $8.9 million was awarded to 41 projects in 20 states. Nearly half of the funds were awarded to projects aiming to further mass timber innovation, including technologies like cross laminated timber (CLT). Most of the mass timber projects are focused on innovative building design or documenting performance properties including acoustics and vibration, seismic loads, environmental impact, and fire performance of exposed material.
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US Forest Industry Performance: September 2019
By Joe Clark
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Total industrial production (IP) rose 0.6 percent (+0.4 percent YoY) in August after declining 0.1 percent in July; it was the largest MoM gain in a year. Utilities and mining moved up 0.6 percent and 1.4 percent, respectively, while manufacturing production increased 0.5 percent (-0.4 percent YoY)—more than reversing July’s -0.4 percent. Factory output has increased 0.2 percent per month since May after having decreased 0.5 percent per month between January and April.
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Housing Starts Retreat Sharply in September
By John Greene
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After surging 12 percent in August to the highest level since June 2007, US housing starts retreated significantly in September. However, single-family construction rose for a fourth straight month, suggesting that demand is steady and the housing market continues to be buoyed by low mortgage rates despite what appears to be a spooked economy.
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Future Forests + Jobs: Growing Forests and Building a Stronger Economy
By Forest2Market
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A core mission of Forest2Market is to provide fact-based, data-driven insights to stakeholders in the forest products supply chain, including the bioenergy sector. This fact and data basis is why Forest2Market is excited about the recent launch of Future Forests + Jobs (FFJ), an initiative of the U.S. Industrial Pellet Association (USIPA), which is a 501(c)(6) not-for-profit trade association that advocates for the renewable wood energy sector as a sustainable, low-carbon power source.
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