The first forestry major to release its third quarter results—Canfor Corporation, reported record high lumber earnings and pulp losses. In related news: hedging against the lumber crisis; the impact on remodellers; and lumber-price woes in Georgia and Arkansas. Companies in the news include: Enviva (carbon offsets); Verso (buyer search suspended); Ecowaste (waste wood recycling) and Canfor (Vavenby legacy fund).
In other news: Colorado wildfires grow by 100,000 acres in one day; and a new study says exposing firefighters to heat reduces related illnesses. Meanwhile, news updates from the BC Community Forest Association; the US Endowment for Forestry and Communities; and the Programme for the Endorsement of Forest Certification (PEFC).
Finally, Smokey Bear leaves the US for Canada—the fictional account.
Kelly McCloskey, Tree Frog Editor