Forestry

US lumber prices likely to stay double the historical average for the next 5 years

     US lumber has probably found a bottom at current levels, but prices will remain over double [...]

Junnikkala builds a large sawmill in Finland

    Finnish sawmilling company Kalajokinen Junnikkala Oy plans to build a new sawmill in Oulu.   [...]

U.S. lumber prices expected to fall further as sawmills ramp-up production

The price of U.S. lumber will fall further in the coming months as sawmills increase production, though demand is [...]

J.P. Morgan to enter timber industry, acquires giant Campbell Global

J.P. Morgan has acquired timber investment giant Campbell Global. Terms of the deal were not disclosed.    [...]

Finland: Sharp rise in sawlog prices in May

Pine logs in Finland cost an average of EUR 64.6, and spruce logs EUR 68.2 per cubic metre [...]

Is there a shortage of wood in Europe?

    The sharp increases in timber prices worldwide since the middle of 2020 do not reflect any [...]

Canadian lumber industry wants to be paid back for US duties

    Canada’s softwood lumber industry wants the Biden administration to refund billions of dollars that companies [...]

Boom in Austrian lumber prices now reflected in the payment to forest owners

According to official statistics, Austria's timber prices are now rising. Austrian sawmills are in full swing and they sell [...]

There is a bubble in Latvia’s timber market that will burst sooner or later

    Currently, the Latvian lumber market is experiencing a significant price increase or bubble, which will sooner [...]

Warning in US against European lumber

The North Carolina Building Code Council warns of potentially “catastrophic” failures caused by European lumber. It remains to be seen [...]