Forest Products News

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Forest Products (5)

Smurfit Kappa announced a merger with WestRock.

1 min read

Major Paper and Packaging Announcement: Smurfit Kappa Merges with WestRock

Some important news to share in the paper and packaging world. According to a statement from its website, Irish firm Smurfit Kappa is in active...

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Forestat Global, forest value chain business intelligence platform from ResourceWise logo.

1 min read

New Forestat Global Platform Provides Broadest Market View of Forestry

ORIGINAL SOURCE ResourceWise Press Release Sep 07, 2023, 11:16 AM ET Exciting news from ResourceWise, a leader in commodity price reporting,...

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Graph indicating lumber price trends in 2023.

3 min read

SYP Lumber Prices Fall to Lowest Level This Year

Reported SYP KD lumber prices have dropped to the lowest level so far this year. According to ResourceWise data, the price dipped just under...

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Deforestation as agricultural land buck directly up against a rainforest in Brazil.

5 min read

EUDR Deforestation Law and Forest Products: What We Know So Far

On April 19, 2023, the EU passed the EUDR (European Union Deforestation-Free Supply Chain Regulation). In short, the regulation aims to curb...

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An earthmover pushes a pile of wood chips bound for Pacific rim countries like China and Japan.

2 min read

Pacific Rim Wood Chip Market Shows Drops in Both Soft and Hardwood

Softwood chips play a major role in global wood markets, but hardwood chips far surpass softwood in terms of volume. The majority of global wood chip...

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Citycape view of Radium Hot Springs, British Columbia, with a view of a lumber mill.

3 min read

Canadian Lumber Market Shrinking, Could Europe Fill the Gap?

Major downsizing in British Columbia has left a sizeable gap within the North American lumber market. Over the long-term, this could yield strategic...

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A truck carries logs out of a lumber processing yard.

2 min read

Dwindling Softwood Log Supply Causes China to Expand Lumber Imports

More market turmoil in China as demand and import availability have both fallen. After a peak of imported lumber in 2020, we’re seeing much lower...

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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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