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If a tree falls in the woods, will someone buy it? Who? What will they use it for? How much will they pay for it? How many other trees will they need this year? Next year? A rigorous timber market more…
This is the second in a two-part series related to wood supply agreements and their relevance to analyzing timber markets. Part I of this series on wood supply agreements introduced basic pricing mechanisms often used in supply agreements and associated more…
This is the first in a two-part series related to wood supply agreements and their relevance to analyzing timber markets. In his 1989 book Liar’s Poker, Michael Lewis wrote, “Risk, I learned, was a commodity. Risk could be canned and more…