Buyers pull back, sit on inventory amid civil unrest

June 10, 2020
Category: Today's Takeaway

Civil unrest led to most North American buyers sitting on whatever inventory they had last week. In related news: high lumber prices are a sign that demand exists and; combined with lower sawlog costs is leading to improved profitability worldwide. In other Business news: work is underway to save C&C Wood Products; Clearwater Paper’s Lewiston plant upgrade fails to deliver savings; and Maine’s TREE Foundation has a new executive director.

In other news: Biomass generated electricity is expected to grow in the US; Go Lab—Maine’s new wood fibre insulation venture—is delayed another year; and the staggering value of forests—and how to save them.

Finally, a stone-carved arrowhead dating back 7000 years found near Williams Lake, BC.

Kelly McCloskey, Tree Frog Editor

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