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Investors and analysts can tend to “boil the ocean” – to analyze everything – in evaluating opportunities or new markets. In forestry, this is especially the case with first-time investors in the industry. However, at some point, we need to more…
Softwood lumber mill capacity in North America is roughly 74 BBFT per year – the same level in aggregate as twelve years ago in 2008. One key difference in softwood lumber capacity today versus twelve years ago is location: mills more…
Just over 1.7 million acres of U.S. timberland changed hands in 2020. This represented a 32% decrease in transaction volume from a 10-year median value of 2.5 million acres per year. However, in 2021 transaction volume bounced back, and by more…
North America’s forest industry is closing in on two decades of significant capacity relocation. Not only is this reflected in the expansion of sawmill, panel and pellet capacity in the South, but also in the fact that timberland owners have more…
Aunt Fanny called at 4:45 in the morning. “Nephew, tell me about forest carbon.” “Do I have to?” I asked. “I avoid big words till the sun rises and my first cup of coffee.” Aunt Fanny laughed. “Tell you what. more…
This blog represents our third update on timberland sales year-to-date. In Q1, we reported that sales were picking up, perhaps pulling us above 2020’s ten-year low. Activity dipped slightly in Q2, down from a hot first quarter. By the midpoint more…
This post is the fourth in a series related to the Q3 2021 Forisk Research Quarterly (FRQ), which includes forest industry analysis, timber price forecasts, and featured research on forest management practices. Pulp & paper production increased in the U.S. more…
This post highlights featured research from the Q3 2021 Forisk Research Quarterly (FRQ), which includes forest industry analysis and timber price forecasts for North America. Each year we collect data on silviculture practices of large landowners and managers, alternating annually more…
This post is the second in a series related to the Q3 2021 Forisk Research Quarterly (FRQ), which includes forest industry analysis, timber price forecasts, and featured research on forest carbon. Each quarter when updating our Forisk Research Quarterly (FRQ) more…
Foresters often hear non-foresters confuse terms, such as referring to lumber as timber or logs (which is like calling a pork chop a pig). A confusion with terms leads to misunderstanding issues and ultimately complicates analysis or discussion intended to more…