Work-from-home policies are helping make lumber a winner, paper a loser. In related news: Resolute shares rise on lumber revenues; lumber dealers remain positive despite cover-19; timber housing meets housing demand; but housing starts continue to fall in Japan; and lower pulp prices push Weyerhaeuser, Mercer and Finish forest companies earnings lower. Meanwhile: Canada risks spat with Japan over log exports; court approves C&C Wood Products sale; and a Kentucky hardwood producer files for bankruptcy.

In Forestry/Climate news: BC announces new research chair in wildfire management, as it urges caution during the current heat wave and works to adapt firefighting strategies. Elsewhere, forest development stalls despite Trump’s order; and California wildfires grow as more redwoods are protected.

Finally, its a long-weekend north of the 49th, so the Frogs will hop back on Tuesday.

Kelly McCloskey, Tree Frog Editor