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Forest with mist at dusk.

Forest Products (3)

US $100 bill with a decreasing line graph cutting across it indicating the start of a recession.

4 min read

The Verdict’s Out: We’re in the Starting Phase of a Recession

Ongoing debate continues among economists as to whether we’re actually seeing a “true” recession. Some analysts split hairs as to how we define a...

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Old growth forest of mossy, tall trees.

6 min read

Old vs. Young Forests: Examining CO2 Storage and Wildfire Risk

As the Canadian wildfires rage on, their widespread impact is evident even from hundreds of miles away with smoke enveloping parts of North America....

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Maine Acadia Park forest and water.

4 min read

Northeast US Forestry Update: Maine Feels the Squeeze of Market Dip

Like many forestry businesses across the US, those in Maine and the northeast are feeling the strain of a market downturn. Several factors have...

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A forestry worker assesses a forest stand.

3 min read

Forestry News and Trends Through Q2 2023

2023 is already halfway over; can you believe it? Over the past six months, we’ve seen some critical developments in the forestry industry. We've...

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A For Sale - Price Reduced sign in front of a home showing that the housing market may be slowing down.

4 min read

Inflation, Recession Fears Slow US Housing and Manufacturing

As inflation continues to dog the economy, industries surrounding the forestry market are feeling the pinch. Further speculation about more rate...

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National flags of China and Australia featured after China lifted the timber ban on Australia.

3 min read

Global Wood Markets Shift as China Lifts Timber Ban on Australia

Global wood markets will see another changeup in the coming months. Australian exporters can again ship logs to China following a 2.5-year ban. But...

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Yellow road sign that reads

5 min read

Hurricane Season 2023: Forestry Risks and Outlook

June 1 marked the official start of the hurricane season. What risks will the forestry industry potentially face?

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Container ships docked at port with cargo containers

5 min read

How to Plan and Budget for Direct Materials Purchases

Budgets are financial plans that play a crucial role in the success and profitability of businesses. For companies that rely on raw materials as...

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A small saw mill sits below a spanning mountain range with wispy clouds passing by.

2 min read

Finland and Sweden See Near 5-Year Low on Softwood Imports

Wood Resources International, a ResourceWise company, regularly tracks all critical trends in global wood markets. Current reports out of the Baltic...

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Line chart of SYP lumber weighted MBF prices, January through May, 2021, 2022 and 2023.

3 min read

SYP Lumber Prices Steady as Housing and Manufacturing Improve

SYP lumber prices have held somewhat steady across 2023 thus far. Price variance is far below the meteoric rises and falls of 2022 and 2021. Some...

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Close up of a spruce bark beetle on tree bark

5 min read

Latvian State of Emergency: Eight-Toothed Spruce Bark Beetle Threatens Forests

Latvian forests are facing a grave crisis as they are being plagued by an infestation of eight-toothed spruce bark beetles (Ips typographus). The...

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Close up detail of woodchips of various sizes.

2 min read

US Woodchip Exports Up 40% Thanks to Growing Asian Demand

Asia has increased its share of global wood pellet imports to a record 32%. Worldwide trade of wood pellets was practically unchanged year-over-year...

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