Timberland’s Cash Yield vs. U.S. Treasuries: A 38-Year Gut Check

| no comments in Forest Finance & Economics, Timberlands

Introduction In December 2011, Forisk asked a simple question: how do timberland investment returns stack up against 10-year U.S. Treasuries, the classic “risk-free” benchmark? The answer then proved reassuring: over the 2001–2010 window, timberland investment vehicles, public and private, outperformed more…

We Analyze Timber Markets Because They Are Small and Unique

| no comments in Custom Market Forecast, Forest Finance & Economics, Forest Operations, Forest Strategy, Risk Management, Stumpage Forecasting, Timber Market Analysis, Timber Supply, Timberlands, Wood Demand & Procurement, Wood Prices

This post includes ideas and content covered in the virtual Timber Market Analysis class, September 30th, and October 1st, 2026. Early registration ends September 16th; registration closes September 29th. In statistics, the law of large numbers teaches us that, as the size more…

Local Timber Markets Have Macroeconomic Exposures, Too

| no comments in Custom Market Forecast, Forest Strategy, Risk Management, Softwood Lumber, Timber Market Analysis, Timber Supply, Timberlands

This post includes ideas and content covered in the virtual Timber Market Analysis class, September 30th, and October 1st, 2026. During interviews, economist Skylar Olsen regularly says: “We treat the housing market as if it’s one large national market, but, more…

Forest Market Bulletin: August 2026 Sawmill Update

| no comments in Softwood Lumber, Wood Demand & Procurement

This blog includes an excerpt from Forisk’s Q3 2026 Forisk Research Quarterly. This uses data from Forisk’s North American Mill Capacity Database, a database of over 2,350 wood-using mills in North America. For more information on the Forisk Research Quarterly, mill more…

How This Forester Learned to Stop Worrying and Love the EUDR

| comments (3) in Custom Market Forecast, Forest Carbon, Forest Finance & Economics, Forest Operations, Forest Strategy, Forisk, Forisk Wood Fiber Review, Risk Management, Timber Market Analysis, Timber Supply, Timberlands, Wood Bioenergy

This post includes content from the Q3 2026 Forisk Research Quarterly and ideas covered in the virtual Timber Market Analysis class, offered on September 30th and October 1st, 2026. I, for one, am grateful about the carefully implemented, clearly explained, and practically practical effort more…

Questioning the Beady-Eyed Bond Market and Ballooning U.S. Federal Debt

| no comments in Forest Finance & Economics, Forest Strategy, Forisk, Risk Management, Timber REITs, Timberlands, Wood Demand & Procurement

Introduction Investors care about bond markets. For institutional investors tasked with managing portfolios on behalf of current and future retirees, U.S. policies and debt levels affect the relative attractiveness of assets from domestic timberlands to equities to treasuries. The bond more…