Sponsored

Hurricane Ian Threatens Stressed Timber Supply Basin

Hurricane Ian is slated to build significant momentum in the coming days as it crosses the western side of Cuba and barrels towards the west coast of Florida. By mid-week, Ian will likely become a Category 4 hurricane packing sustained winds between 130 and 156 mph, which are capable of causing catastrophic damage in combination with flooding rains and storm surge.

Full Article

Sign Up for Our Newsletters

Get notified of our top breaking news

You May Also Like

Southern Timber Prices Plummeted in 2Q2022

After hitting a 15-year peak in 1Q2022, the weighted average price for southern timber turned sharply lower in 2Q as prices for every product dropped during this period. While stumpage prices were up +7% year-over-year (YoY), they were down -13% quarter-over-quarter (QoQ) in 2Q. Southern timber prices have demonstrated significant volatility since 2017; however, prices for all products have trended upwards over the last ten years.

Finland: Timber trade falls sharply in May, log prices on the rise

Timber trade in Finland has been slow in January-May 2022. at the…

Estonian wood industry hit hard by falling prices and lower demand

Estonian lumber producers are facing a harsh reality, where the price of…

“Timber prices going up daily” in Europe due to Ukraine war, architects complain

European architects and designers are struggling to source wood for their projects…