Balancing Data and Judgment when Analyzing Timber Markets

| comments (2) in Forest Finance & Economics, Forest Operations, Risk Management, Timber Market Analysis, Timber Supply, Timberlands, Wood Demand & Procurement

Timber Market Analysis offers an organized, systematic way of (1) specifying a question related to forest industry investments or operations; (2) gathering and evaluating fundamental wood supply and demand information; and (3) using this to answer the question as best more…

Timberland Ownership and Wood Supply Agreements

| comments (2) in Forest Finance & Economics, Forest Operations, Risk Management, Timber Market Analysis, Timber REITs, Timberlands, Wood Demand & Procurement, Wood Prices

Investing in wood-using mills and timberlands requires having a strategy about how to “feed” the mill or how to “market” the trees. These efforts raise questions about the relative value of vertical integration, where one firm owns mills and forests, more…

Assessing Mill Health and Risk when Evaluating Timber Markets and Wood Baskets

| no comments in Risk Management, Timber Market Analysis, Timber Supply, Timberlands, Wood Bioenergy, Wood Demand & Procurement

When analyzing timber markets and wood baskets for forest industry, bioenergy, and timberland investments, a key topic is the “riskiness”, viability, and competitiveness of nearby wood-using facilities.  Timberland investors want to confirm that announced mills get built and existing mills more…

Forest Products and the Economics of Timber Markets, Part II

| comments (4) in Forest Carbon, Forest Finance & Economics, Forest Operations, Forest Strategy, Softwood Lumber, Stumpage Forecasting, Timber Market Analysis, Timber Supply, Timberlands, Wood Demand & Procurement

This post, the second of a two-part series, includes topics covered in the (virtual) Timber Market Analysis course on October 11th and 12th, 2023 and in the Forisk Research Quarterly. Also, for those interested in this type of research, please more…

Forest Products and the Economics of Timber Markets, Part I

| no comments in Forest Carbon, Forest Finance & Economics, Forest Strategy, Risk Management, Timber Market Analysis, Timber Supply, Timberlands, Wood Bioenergy, Wood Flows & Cash Flows

This post includes topics covered in the (virtual) Timber Market Analysis course on October 11th and 12th, 2023 and in the Forisk Research Quarterly. Also, for those interested in conducting this type of research, please check out Forisk’s forest economist more…

How to Baseline Prices for Timber Price Forecasts and Forest Valuations

| no comments in Forest Finance & Economics, Stumpage Forecasting, Timber Market Analysis, Wood Prices

This post supports topics addressed in the (virtual) Applied Forest Finance course on May 16th, 2023 and the Forisk Research Quarterly. Mathematically, averages specify the arithmetic mean. Calculating an average represents one of many approaches for profiling data when conducting more…