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This is the first in a series related to Forisk’s Q3 2017 forest industry analysis and timber price forecasts for the United States and Canada. There is a tendency to cherry-pick forecasts. A market forecast can be used to serve more…
Mid-way through a ninth year of increasing housing starts and growing lumber consumption, timberland investors and forest owners in the U.S. South continue to struggle with flat and, in certain local markets, falling sawlog prices. Previous posts discuss how this more…
Tracking capital expenditures in the forest products industry gives insight into which sectors expect to be profitable in the future: higher investment levels imply greater expectations of profit. We track investments by wood products firms through multiple data sources. more…
The Western United States is a major supplier of raw materials for the forest industry, producing over 40% of U.S. softwood lumber. Despite the abundance of federal land in the area, nearly 80% of the harvested volumes from Oregon and more…
In the show “Shark Tank”, a key lesson from watching entrepreneurs get grilled by Kevin O’Leary and company is the importance of knowing your numbers. The questions are always the same, so showing up unprepared is, frankly, inexcusable. What are more…
The United States has 5% of the world’s population and over 500 million acres of timberland. According to the U.N.’s Food and Agriculture Organization, the U.S. leads the world in producing “industrial roundwood”, consuming logs and manufacturing lumber. Globally, the more…
A successful timber market analysis answers two questions. One, what are the “facts on the ground” for this market or wood basket? This helps profile the market with respect to forest supplies and wood demand. The timber suppliers and wood-using more…
This post includes an excerpt from the bioenergy research authored by Andrew Copley and Amanda Lang published in the Q2 2017 Forisk Research Quarterly (FRQ) Publication. U.S. wood bioenergy project announcements have slowed; any meaningful growth, if realized, will occur more…
The historian Stephen Ambrose once said, “The past is a source of knowledge, and the future is a source of hope.” This simple statement contains multitudes (to misappropriate another famous quote), but the sentiment provides some comfort as it pertains to more…
This is the fourth in a series related to Forisk’s Q2 2017 forest industry analysis and timber price forecasts for the United States. From 2009 through 2016, U.S. housing starts increased 112%, a compound annual rate exceeding 11%. Over this more…