Most Prices Stalling, But Demand is Still Growing: FEA Wood Markets outlook

January 4, 2019
Category: Today's Takeaway

FEA Wood Markets released its market outlook for lumber in 2019. In sum, demand is expected to grow 2.1%, prices will remain strong, US production will rise 5% and Canadian production will fall 1%. In other Business news: the New York Times story on mass timber begets stories in Treehugger and the Commercial Cafe, more press for Frank Dotorri on his retirement; and a plan B for Nova Scotia if Northern Pulp is forced to close.

In Forestry news: the Sierra Club calls for more old-growth protection in BC to offset Amazon deforestation; the US Trade Official criticizes illegal logging in Brazil; Green groups warn of forestry pitfalls in COP24; and Google Street View helps urban foresters count the trees.

Finally, the Economist says efforts to make buildings greener are not working; but also that more buildings should be made of wood.

Kelly McCloskey, Tree Frog Editor

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