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“Nothing travels faster than the speed of light, with the possible exception of bad news, which obeys its own special laws.” – Douglas Adams While attending a recent forestry meeting, I received a text message about more sawmills closing due more…
At Forisk, we often evaluate our past performance to learn from, and improve, our work. Our forecast scorecards, published in every issue of our Forisk Research Quarterly (FRQ), are the most visible evidence of this practice. However our team often more…
As part of our featured research in the Q1 2024 Forisk Research Quarterly, we investigated local variations in supply, demand, and timber prices. Our findings confirm standard economic assumptions regarding timber prices over time and across geographies. 1) Wood demand more…
This post is the fourth in a series related to the Q4 2023 Forisk Research Quarterly (FRQ) which includes forest industry analysis, timber price projections, and featured research on forest industry ability to pay for wood raw material. The housing sector more…
Last week Forisk hosted a Timber Market Analysis class attended (remotely) by over 70 students. We enjoyed engaging with such a lively group of market analysts over the course of two days. The main topics on our second day related more…
Pulp and paper mill closures garner headlines as they represent massive facilities employing hundreds and contributing millions of dollars to local economies. They also provide an important market for wood fiber for forest landowners and sawmills. Mill closures hamper landowners’ more…
This post is the third in a series related to the Q3 2023 Forisk Research Quarterly (FRQ) which includes forest industry analysis, timber price projections, and featured research on scenarios for forecasting timber prices. An old Ray Charles song uses more…
This post highlights featured research on our 2023 western silviculture survey from the Q2 2023 Forisk Research Quarterly (FRQ), which includes forest industry analysis and timber price forecasts for North America. In 2023, Forisk completed our fourth survey of western more…
This post is the first in a series related to the Q2 2023 Forisk Research Quarterly (FRQ) which includes forest industry analysis, timber price forecasts, and featured research on western silviculture. It provides an excerpt from the forest operations chapter. more…
Tight labor markets, slowing paper demand, and cooling lumber output all contributed to fiber price volatility through 2022 and into early 2023. A weighted average of North American fiber prices reported in the Forisk Wood Fiber Review increased 9% year-over-year more…