Timberland Investment Returns: Components and Key Questions

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

This post includes themes and topics that will be addressed in the (virtual) Applied Forest Finance course on March 14th, 2024. Early registration ends February 29th! Timberland values, like those of commercial real estate and farmland, derive from their abilities more…

Timberland, Tech, and Trends with Brooks Mendell

| no comments in Forest Finance & Economics, Forest Strategy, Forest Technology, Timber Supply, Timberlands, Wood Demand & Procurement, Wood Flows & Cash Flows

Recently, Dr. Brooks Mendell (President and CEO of Forisk Consulting) participated in an interview with Dr. Aaron Shew, Director of Data Science at Acres, to discuss the timberland industry. Watch the full interview and catch a few key takeaways below. 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…

Turning Wood Flows into Cash Flows: Key Messages from the 2022 Conference

| no comments in Forest Carbon, Forest Finance & Economics, Forest Operations, Forisk, Forisk Market Bulletin, Forisk Wood Fiber Review, Pulp & Paper, Softwood Lumber, Stumpage Forecasting, Timber Market Analysis, Timber Supply, Timberlands, Wood Bioenergy, Wood Demand & Procurement, Wood Flows & Cash Flows

On August 25th, 2022, Forisk hosted its sixth annual “Wood Flows & Cash Flows” conference, with attendees participating virtually from across 22 states, three Canadian provinces and three continents. The one-day event provided a comprehensive review of research relevant to more…

Useful Timber Market Research Tells a Story: Join Us for “Wood Flows & Cash Flows”

| no comments in Forest Carbon, Forest Operations, Forest Strategy, Forisk, Risk Management, Softwood Lumber, Stumpage Forecasting, Timber Market Analysis, Timber Supply, Timberlands, Wood Bioenergy, Wood Demand & Procurement, Wood Flows & Cash Flows

Often, there is a “better” way to do things. It doesn’t really matter if you put your pants on with the leg left first or the right, but it is easier to put your pants on before your shoes. Early in more…

Wood Demand Revisited: Bioenergy, Building Products, and Carbon Markets

| no comments in Forest Carbon, Forest Finance & Economics, Forest Operations, Forest Strategy, Forest Technology, Timber Market Analysis, Timber REITs, Timberlands, Wood Bioenergy, Wood Demand & Procurement, Wood Flows & Cash Flows

Forisk’s Annual “Wood Flows & Cash Flows” Conference will happen virtually on Thursday, August 25th. In addition to covering financial issues related to timberland investments, stress on the forest industry supply chain, and projected forest industry capacity by sector across North America, the event more…

6th “Wood Flows and Cash Flows” Conference on August 25th, 2022

| no comments in Forest Operations, Forest Strategy, Pulp & Paper, Softwood Lumber, Structural Panels, Stumpage Forecasting, Timber Market Analysis, Timberlands, Wood Bioenergy, Wood Flows & Cash Flows

Regional forest industry fundamentals are known by those in the business. The moving of softwood lumber capacity across North America from Western Canada and the Northwest to the U.S. South, changes in timberland ownership, and factors driving pulp fiber costs comprise a few. However, the more…

Thinking About Timberland Investment Exposure to Interest Rates and Default Risk*

| comment (1) in Forest Finance & Economics, Forest Strategy, Forisk, Risk Management, Timberlands, Wood Flows & Cash Flows

According to The Economist[1], “Private equity benefits from a fig leaf of illiquidity,” which covers up for delays when valuing investment assets and obfuscates their true volatility. The inability to confirm value in real-time or robustly quantify risk sounds, to more…

Prices and Present Value: From Trans Ams to Timberlands

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

When inflation rises, people talk about it. In my calls with forest industry investors and executives, these discussions center on current and future costs, prices, and cash flows. Generally, I observe that inflation increases fear by fogging the crystal ball more…