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Forest Products (4)

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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A log collector vehicle picks up timber at a harvest site.

3 min read

Further Declines in Manufacturing Will Impact Forestry

As a result of late-March revisions modifying the entire historical sweep of affected data series, total industrial production (IP) was reported as...

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6 min read

The Future of Pulp and Paper Investments in the PNW

What do recent pulp and paper investments in the PNW tell us about the region’s future?

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Aerial view of a colorful, vibrant, diverse forest.

4 min read

Is Diverse Forest Growth Good for Carbon Capture and Yields?

The forestry industry has seen some major changes in recent years. This holds especially true as we all work toward collective solutions that...

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