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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…
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…
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…
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…
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…
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…
Foresters and timberland owners in Texas could care less about wood bioenergy projects in Florida or Georgia. Why? Because wood bioenergy markets impact timberland investments and the forest products industry at the local level. The uncertainty of new project announcements more…
This is the third in a three-part series related to Forisk’s modeling of future softwood stumpage prices in the US South and Pacific Northwest. Part I focused on housing (Studying US Housing Starts) and Part II addressed wood demand (Sawmill more…
This is the second in a three-part series related to Forisk’s modeling of future softwood stumpage prices in the US South and Pacific Northwest. In Tony Hillerman’s Navajo Tribal police novel Dance Hall of the Dead, Lieutenant Joe Leaphorn remembers more…
This is the first in a three-part series related to Forisk’s modeling of future softwood stumpage prices in the US South and Pacific Northwest. Increasing housing starts prime the pump during an economic recovery. The Economist magazine describes the upside more…