Global log and lumber price volatility likely to persist until 2030

The global log supply is facing a shortage, signaling both challenges and opportunities for the forestry sector, according to insights shared at the Global Wood Summit in Vancouver on October 29-30. Russ Taylor, a known expert in global wood markets, addressed the pressing question: “Are we running out of wood?” The answer, he clarified, is not a straightforward "yes," but it’s certain that the world is running low on affordable timber. “Absolutely we’re running out of cheap wood,” Taylor said. He explained that while timber itself isn’t vanishing, low-cost sources are depleting rapidly. The ...