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Forisk Blog: 2013

The Rise and Fall of Wood-Based Biofuels, Part I

Posted on April 16, 2013 by Amanda Lang | no comments in Timberlands, Wood Bioenergy, Wood Demand & Procurement

This post includes an excerpt of the research in the February/March/April edition of Wood Bioenergy US (WBUS) and is the first part of a two part series on liquid biofuels. In May 2011, Forisk and the Schiamberg Group evaluated the viability more…

Tags bioenergy, Wood Bioenergy

2013 Forisk Timber Price Forecast: Assessing Forest Supplies and Price Elasticities

Posted on April 9, 2013 by Brooks Mendell | no comments in Forest Finance & Economics, Stumpage Forecasting

This is the sixth in a series related to Forisk’s 2013 forecast of softwood stumpage prices in the United States. When housing crashed in the United States, forest owners and timberland investors deferred harvesting sawtimber, the logs needed to manufacture more…

Tags timber forecast, wood demand

2013 Forisk Timber Price Forecast: Framing the Outlook

Posted on April 5, 2013 by Brooks Mendell | no comments in Stumpage Forecasting

This is the fifth in a series related to Forisk’s 2013 forecast of softwood stumpage prices in the United States. In the 2013 Forisk Forecast published in March, four key themes frame the outlook for the next ten years: Timber more…

Tags log exports, timber forecast

Forisk Forecast Scorecard: 2012 versus Actuals

Posted on March 27, 2013 by Brooks Mendell | no comments in Forisk, Stumpage Forecasting, Timber Market Analysis

This is the fourth in a series related to Forisk’s 2013 forecast of softwood stumpage prices in the United States. How did Forisk’s Forecast perform in 2012?  For pine stumpage prices in the U.S. South, the Forisk Forecast was within more…

Tags timber forecast

2013 US Timberland Ownership: Descriptive Statistics

Posted on March 21, 2013 by Brooks Mendell | no comments in Forisk, Timber Market Analysis, Timberlands

According to Forisk tracking of timberland ownership in the United States, 117 firms currently own or manage in excess of 100,000 acres of timberland. These firms feature the following descriptive statistics: As a group, they own/manage 86.2 million acres of more…

Tags Timber REITs, timberland investments, TIMOs

Thomas Jefferson and Timberland Ownership in the United States

Posted on March 15, 2013 by Brooks Mendell | no comments in Timber REITs, Timberlands

Through executing the Louisiana Purchase in 1803, President Thomas Jefferson proved himself, among other things, the preeminent timberland acquisition professional.  In this bold embrace, he more than doubled the size of the United States by acquiring 820,000 square miles of more…

Tags timberland investments

Forest Finance: What is Timber “Depletion”?

Posted on March 10, 2013 by Brooks Mendell | comment (1) in Forest Finance & Economics

Money does grow on trees.  Unfortunately, it grows in small denominations.  So we care deeply about managing costs and minimizing taxes.  Which brings us to a category of questions I get each tax season:  timber depletion.  What is it? Depletion, more…

Tags depletion, timber taxes

Forisk Forecast: Expanding the Panama Canal

Posted on February 26, 2013 by Brooks Mendell | no comments in Stumpage Forecasting, Wood Demand & Procurement

This is the third in a series related to Forisk’s 2013 forecast of softwood stumpage prices in the United States. One of the best books I read in 2012 was David McCullough’s The Path Between the Seas about the building more…

Tags Panama Canal Expansion

Forisk Forecast: US Housing Starts Outlook

Posted on February 20, 2013 by Brooks Mendell | comment (1) in Forisk, Stumpage Forecasting

This is the second in a series related to Forisk’s 2013 forecast of softwood stumpage prices in the United States. Herman Chapman, in his 1935 book Forest Finance, wrote: Forestry is an empirical art and not a mathematical science.  The more…

Tags Housing

Thoughts on Forecasting Timber Prices

Posted on February 17, 2013 by Brooks Mendell | comment (1) in Forisk, Stumpage Forecasting

Forecasting timber (stumpage) prices and wood demand relies primarily on the manipulation of historical data and relationships to assess future scenarios and prices.  While the statistical techniques are somewhat agnostic, the development and application of relevant forecasts requires judgment.  How? more…

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