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This post is the fifth in a series related to the Q2 2022 Forisk Research Quarterly (FRQ), which includes forest industry analysis, timber price forecasts, and featured research on regional pulpwood price dynamics. Logging is largely a high-volume, low-margin business. more…
“Reality is frequently inaccurate” – Douglas Adams, The Hitchhiker’s Guide to the Galaxy It has been a couple of years since we last discussed the performance (and drivers) of our logging cost forecasts. At that time, we were seeing increased more…
At the start of each year, we look back on our performance over the past twelve months and look forward to our expectations for the next twelve. George Box, a famous statistician, has a quote that provides me some solace more…
“Would you like to swing on a star?/Carry moonbeams home in a jar? And be better off than you are?/Or would you rather be a mule?” — Bing Crosby I don’t know about moonbeams, but the rest of Bing’s lyrics are more…
The U.S. enjoys a wide range of natural diversity. This makes touring through our national parks such a fulfilling exercise. That diversity also presents challenges if you need to operate a high-production operation in the natural environment. Uniformity is the more…
One scene in the Oscar-nominated movie The Revenant, features a group of trappers being pursued by a hostile party while trying to carry their injured colleague (Leonardo DiCaprio in an Oscar-winning role as a bear’s chew toy). The leader of more…