Forest2Market Monthly News: Part I

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Forest2Market to Introduce New Technology-Enabled Business Intelligence Platform

By Forest2Market
Forest2Market will soon roll out its new technology-enabled business intelligence platform for customer use. The platform, SilvaStat360, provides access to more comprehensive, client-driven custom data and analytics that will allow Forest2Market’s customers to make important business decisions faster.

Global Wood Fiber Prices: 2Q2017 Insights from Forest2Market’s Western Hemisphere Benchmark

By Daniel Stuber
Wood fiber prices decreased for all of the pulp and paper producers in 2Q2017 with the exception of newsprint, which was up 1.8 percent on a quarter-over-quarter basis. Year-over-year, all segments saw decreases in their pricing, with the hardwood pulps seeing the largest drop of more than 5.8 percent, coated papers falling 5.5 percent and boxboard, uncoated freesheet and containerboard all falling between 4-5 percent.

Southern Yellow Pine Lumber Prices Spike in September

By John Greene
Three significant market dynamics are converging to drive southern yellow pine lumber prices higher as we head into the final part of the 2017 homebuilding season.

Will Hurricane Harvey Dampen the Construction Boom in Texas?

By John Greene
The countless stories, videos and images that have emerged in the wake of the devastating destruction inflicted by hurricane Harvey upon Texas represent the very best of America. In what has been described as a “thousand-year storm,” Harvey dumped nearly four feet of rain and caused catastrophic flooding in parts of Texas, and the storm is responsible for over 60 deaths. The full scale of Harvey’s destruction is still being assessed weeks after it made landfall.

US Forest Industry Performance: August 2017

By Joe Clark
On the heels of a 0.4 percent increase in June, total industrial production (IP) rose 0.2 percent MoM (+2.2 percent YoY) in July. Manufacturing output disappointed with a 0.1 percent decline, however—dragged down by a 3.6 percent falloff of motor vehicles and parts—and remained little changed, on net, from February.

US Housing Starts Flat in August; Segment Likely to Slow Further

By John Greene
US housing starts fell in August for a second straight month, and homebuilding is likely to slump further in September and beyond in the aftermath of hurricanes Harvey and Irma. Labor and resources will likely be reallocated to rebuilding efforts in those areas most impacted by the two storms over the coming months.

Western Wildfires Devastate Region... and Budgets

By John Greene
We reported on the below average wildfire activity at the mid-season point in July, which was not unexpected given the large amount of snowpack in the Pacific Northwest last winter. However, the second half of the season has been anything but average, as large-scale fires have consumed much of the Western US along with the US Forest Service’s (USFS) budget.