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So far hazen has created 20 blog entries.
Strong demand and moderately low inventories (mostly due to weather conditions) have created a steady and strong transactional situation in general across the industry. Log prices are seeing the effects of this consistent demand for lumber and have increased in response.
The Spotted Lanternfly is the latest invasive species to infest the Northeast. While it is currently only found in Southeastern PA, the Department of Agriculture is hoping to keep it that way. We need your help to stop the #SpottedLanternfly from spreading. It is a major threat to some of our most valuable commodities, including: hardwoods, grapes, hops, stone fruits, apples, etc. Early detection is vital to control this invasive pest and protect the region’s agriculture and natural resources-related businesses.
Investing in timberland may be unfamiliar to most mainstream investors… but it’s no stranger to institutional investors and high-net-worth individuals. Sources from 2014 indicate that large institutional investors have over $45 billion invested globally in timberland… and this trend has continued to accelerate. It was reported in 2014 that in the US alone, Timber Investment Management Organizations (management groups that specifically aid institutional investors and high net worth individuals in managing their timberland investments) managed over 23 million acres of forestland investments, representing approximately 7% of total privately owned timberland. So what is it that entices investors enough to spend over $45 billion to invest in timberland - what makes it such an attractive investment?
“Steady as she goes” is the sentiment in general with hardwood demand, as many mills report consistency in orders coming in. Production is steady as well, some mills even working […]
Prices for almost all species generally held their own this past week, and sellers remained optimistic “about the rest of the summer – and the year.” Production was down a […]
After taking a week off from reporting, we can report continuing active movement in the lumber markets for the key species of interest. Domestic demand for hardwood lumber has been […]
Wet weather conditions continued to have an effect on log supply as quite a few mills across the region reported lower log supply due to restrictions on removing stumpage from the woods. Expectations are that this will subside as the summer months return and conditions improve. Reports are that overall sales have remained good, with the exception of lower-quality products (crossties and construction matting), and consistent export markets have kept log concentration yards busy.