While lumber prices were reaching record highs earlier this year, the abundant supply of pine sawtimber trees across the South kept prices paid to forest landowners for their trees level.
It seems the spike in lumber prices over the summer and early fall would have had a positive impact on timber stumpage prices paid to landowners for large pine sawtimber, but the correlation is not there, explains Marshall Thomas, president of F&W Forestry Services, in his company’s fall newsletter. While sawmills cut back production at […]
The severe natural disasters devastating timberlands over the past few years have drawn attention to a huge flaw in our nation’s tax laws and the Forest Recovery Act aims to fix it. Currently, landowners whose timber stands are destroyed by a natural disaster are dealt an unintended blow because they can only deduct the lesser […]
This year’s tree planting season was almost upended, but swift and coordinated advocacy efforts by forestry associations made certain that it will continue unabated after the Trump administration issued exemptions following their appeals. President Trump signed a series of proclamations this spring, suspending entry of most temporary seasonal workers into this country for the remainder […]
Registration for the Florida Timber Recovery Block Grant Program is now open for landowners whose forestland in Florida sustained damage from Hurricane Michael.
The state of Florida has reached an agreement with the U.S. Department of Agriculture (USDA) on the distribution of $380.7 million in block grant funding to Florida timber growers for the damage caused by Hurricane Michael.
It is too soon to know the full impact of the COVID-19 pandemic on the forest products sector, but data is beginning to reveal mixed results.
Housing was poised to make a comeback in 2020 but, like everything else following the start of the coronavirus pandemic, home construction plummeted.
A new U.S. Forest Service report finds that American forest ecosystems account for more than 95 percent of all land-based carbon sequestration in the U.S., removing the equivalent of 11 percent of greenhouse gas (GHG) emissions annually from the atmosphere.
It’s too soon to know what kind of impact the COVID-19 pandemic will have on U.S. timber markets, but the forestry sector has been designated as an essential industry and is therefore allowed to operate during the crisis, the head of one of the nation’s largest forest management firms writes in his company’s quarterly newsletter.