June Poll
Based on forest inventory data available in SilvaStat360, U.S. forest growth currently exceeds removals. What is the situation in your area?
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Forest growth exceeds removals
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Forest growth is about equal to removals
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Removals exceed forest growth
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Results From May's Poll
If your forest products company is planning capital investments in the near term, in what region will they be focused?
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US South Timber Prices: 1Q2018 Performance & Outlook
By Gabe Rogers
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US South timber prices during 1Q2018 were mixed. Pulpwood products increased slightly and pine log products decreased, but the general trend of timber prices was downward in 1Q (-6 percent).
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The Beck Group and Forest2Market Announce Sawmill TQ, a New Service for Southern Sawmills
By Forest2Market
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The Beck Group (Beck) and Forest2Market, Inc. recently announced a partnership to launch Sawmill TQ (Top Quartile), a new service for gathering and delivering Southern Yellow Pine sawmill benchmark data to industry members. The partnership combines Beck’s sawmill benchmarking experience and knowledge with Forest2Market’s SilvaStat360 cloud-based interactive business intelligence platform.
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Madison's Lumber Reporter Moving to SilvaStat360, Forest2Market's Online Delivery Platform
By Suz-Anne Kinney
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Forest2Market and Madison's announce a partnership formed to bring Madison’s Weekly Lumber Report, a North American lumber price reporting service, to SilvaStat360, Forest2Market's online business intelligence platform.The Madison's/Forest2Market partnership combines Madison's lumber price data and market insights with Forest2Market’s SilvaStat360 cloud-based interactive delivery platform. Madison's Lumber Reporter subscribers will have fingertip access to historic and current lumber price data that is updated weekly and available on a 24/7/365 basis.
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PNW Log Costs Remain Near Record Highs
By Joel Swanton
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Delivered log prices in the Pacific Northwest (PNW) have maintained near record highs through winter, and the sustained high price run since 4Q2017 is unprecendented in the region. As we head into the warmer spring and summer months, as well as wildfire season, prices are not expected to retreat any time soon.
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Southern Yellow Pine Lumber Prices Hit New Record High in May
By John Greene
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Southern yellow pine (SYP) lumber prices continue to climb into new record territory as we approach the summer months. Forest2Market’s composite southern yellow pine lumber price spiked to a new high of $521/MBF for the week ending May 11—a 7% jump from the previous week.
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Forest Mortality Exceeds Growth in America’s National Forests
By John Greene
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With wildfire season just a few weeks away in the Pacific Northwest (PNW), the amount of standing dead timber in western national forests is a real concern for both residents and the federal and state agencies that are tasked with fire suppression efforts and mitigating fire damage.
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Carbon Accounting is Complex; Forest Benefits Are Simple
By Forest2Market
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In a recent meeting with members of the forestry community, Environmental Protection Agency (EPA) Administrator Scott Pruitt said that the Agency issued a “statement of policy making clear, that future regulatory actions on biomass from managed forests will be treated as carbon neutral when used for energy production at stationary sources.” The statement went on to add that “The use of biomass from managed forests can bolster domestic energy production, provide jobs to rural communities, and promote environmental stewardship by improving soil and water quality, reducing wildfire risk, and helping to ensure our forests continue to remove carbon from the atmosphere.”
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Brazil’s Wood Products Industry is Poised for Growth
By Marcelo Schmid
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Forest2Market has closely followed the resurgence of the wood fiber market (and the pine market, specifically) in Brazil over the course of the last several years, which has occurred amid a tumultuous political environment. After a long recessionary period, current domestic market segments like packaging and panels have grown, and the outlook for pine wood products is optimistic.
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Chilean Wood Products Market Offers Export & Import Opportunities
By John Greene
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The modern forest products industry is truly a global endeavor on every level. Interconnected economies and trade flows allow a vast assortment of forest products—raw materials, energy feedstocks, manufacturing provisions and finished products—to circle the globe in increasing volumes. Nations with large forest resources and forest industries are able to serve both the domestic and export markets, and they are able to participate in the global economy due to supply chain enhancements and increased overseas demand.
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Finland’s Consumption of Domestic Roundwood Reached a new Record in 2017
By John Greene
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Per a recent report from the Natural Resources Institute Finland (Luke), the total amount of roundwood consumed by the Finnish forest products industry increased in 2017 for the fifth straight year to its highest level in ten years. Forest industry roundwood consumption totaled 69.7 million cubic meters (m
3) in 2017, which represents a 3 percent increase over the prior year and the highest level in nearly 40 years.
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US Forest Industry Performance: April 2018
By Joe Clark
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After annual revisions, published in late March, incorporating data from the US Census Bureau’s 2016 Annual Survey of Manufactures, total industrial production (IP) reportedly increased by 0.9 percent (+4.3 percent YoY) in February. Manufacturing output rose by 1.3 percent (+2.7 percent YoY).
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US Housing Starts Inch down in April; ‘Demographic Tailwind’ at Risk
By John Greene
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US housing starts were down in April, suggesting that factors such as rising materials and labor costs are restricting new residential construction despite solid demand. These concerns continue to pose challenges to home builders seeking to meet demand and keep escalating housing prices in check.
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