Donald Trump’s threat of a 25% across the board tariff would have a devastating impact on private timberland and sawmill owners in Canada, say the Canadian Forest Owners, which is appealing to federal and provincial governments for some shielding. “They would be extremely harmful to many of our members,” said Andrew de Vries, CEO of the Canadian Forest Owners. “We’re already on the ropes as the mills struggle with regulatory compliance in different areas and access to harvest.” …There 450,000 private forest landowners across Canada, including 22,500 small woodlots owners in B.C., de Vries said. Many own and operate small sawmills, and a big chunk of their market is the U.S. Overall, private ownership accounts for only 10% of Canada’s working forest land base, but provides 20% of Canada’s timber supply. …“We’re a small percentage of the land base, but we’re a critical part of the wood supply.”
In B.C., most of the privately owned timberlands are on Vancouver Island. Mosaic Forest Management is the largest owner-operator of private forests. Manulife also owns private forest land in B.C., de Vries said. Some First Nations in B.C. could also be considered private timberland owners, including treaty forest lands. Private forest landowners are subject to current softwood lumbers duties, despite the fact those duties are premised on the argument that Canada’s Crown ownership constitutes an unfair government subsidy of sorts. “Our view is that private forestland managers in Canada operate under the same conditions as private forest land managers in the United States,” de Vries said. But ownership may be irrelevant for Trump’s tariffs. If it’s made in Canada, it would be hit with tariffs, regardless of whether it comes from private or Crown lands.
Press release from Canadian Forest Owners: US Tariffs will harm Canada’s 450,000 forest owners
LOS ANGELES — President-elect Donald Trump’s threatened tariffs on top trade partners China, Mexico and Canada would deal a blow to the $1.7 trillion U.S. transportation industry and worsen a nearly three-year trucking recession, sector experts said. The industry that moves everything Americans make and buy is considered an economic bellwether, and will be among the first to signal any unintended consequences of trade policies that Trump says will help, not hurt, U.S. businesses. …Virtually every transportation company operating in the United States is exposed to tariff-related revenue downturns. …Trump’s new tariffs on Mexico and Canada, in particular, would hit one of the rare growth areas for trucking. The value of cargo that moves between those countries and the U.S. – which includes finished vehicles, auto parts and avocados from Mexico as well as steel and lumber from Canada – reached $88.5 billion in September 2024, up 7.7% from the year-earlier.
RIDDLE, Oregon — Roseburg Forest Products laid off approximately 2.5% of its workforce across all North American locations early last month, while 120 positions are slated to be filled at Oregon facilities through 2026. “As we near the end of 2024, soft demand for wood products and broad-based pricing pressure continue to be a drag on our industry,” said Roseburg Forest Products spokesperson Sarah Smith in an email. “Looking into 2025, we do not expect near-term recovery in demand, and as a result, we are positioning to weather another challenging year.” Roseburg Forest Products manages 600,000 acres of timberland in Oregon, Virginia and North Carolina, according to the company website. Through the harvest of these timberlands, Roseburg Forest Products offers a variety of wood products including plywood, fiberboard and laminate products. …Smith said the move to eliminate these positions was a necessary one to cut “unnecessary costs.”
VANCOUVER, BC — West Fraser Timber declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 14, 2025 to shareholders of record on December 27, 2024. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
WASHINGTON, DC – The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.4 points in November to 75.0, continuing its sharp upward trend over the past year as consumers appear to be acclimating to the higher mortgage rate and home price environment. This month, a new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months, while fewer respondents said they expect home prices to rise. While only 23% believe it’s a “good time to buy a home,” on net that component continued its upward trend, and is now notably higher than last November’s share of 14%. The share of respondents saying it’s a “good time to sell” remained flat month over month but is also up from last year. Year over year, the HPSI is up 10.7 points.
The U.S. exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons the previous month, but up from 835,490.8 metric tons in October 2023, according to the USDA Foreign Agricultural Service. The U.S. exported wood pellets to approximately a dozen countries in October. The U.K. was the top destination for U.S. wood pellet exports at 700,824 metric tons, followed by Denmark at 92,850.8 metric tons. The value of U.S. wood pellet exports fell to $154.72 million in October, down from $167.05 million in September and $155.41 million in October of last year. Total wood pellet exports for the first 10 months of 2024 reached 8.25 million metric tons at a value of $1.53 billion.
Exports of Southern Pine lumber (treated and untreated) are running 17% ahead of 2023 through the first three quarters of 2024, according to September data from the USDA’s Foreign Agriculture Services’ Global Agricultural Trade System. Southern Pine lumber exports were down 10% in the third quarter of 2024 over the prior quarter but up 11% over the same period in 2023. Exports were up 3% over August and up 20.9% over September 2023. …When looking at the report by dollar value, Southern Pine exports between January and September 2024 are running 9% ahead of the same period in 2023 at $168.7 million, with Mexico leading the way at $46.6 million, followed by the Dominican Republic at $41.3 million, and India at $13.1 million. Treated lumber exports, meanwhile, are flat over the year at $103.1 million led by Jamaica with $17.6 million, the Leeward-Windward Islands at $16.1 million, and the Dominican Republic at $8.4 million.
A material that’s been around since people built shelters – wood – is increasingly being proposed for low- and mid-rise buildings. Companies behind these “mass timber” projects say that wood is a lower-carbon alternative to steel or concrete and brings other benefits, such as faster construction time and lower cost than concrete and steel. Advocates say the wood materials, made of compressed layers of wood with glue, offer good fire safety as well. As an economist who studies forestry and natural resources, I took an interest in this building trend when I heard that a local bar on campus was going to be replaced by a 13-story building made out of wood. I see any increase in the use of wood in buildings as positive for reducing the substantial carbon footprint of buildings. But it is critical to consider where wood is sourced and whether forests are managed sustainably.
Through a partnership with FSC Canada, FSC US, FSC International and the 
FSC has extended the blockage period of a Chinese bamboo plywood manufacturer by 1.5 years for repeatedly making false claims on large volumes of bamboo plywood. Despite being blocked by FSC in 2022 for making false claims, FSC found evidence that the company recertified itself under a different name. The company did not disclose its certification history to the new certification body and continued to make false claims on its products despite being blocked by FSC. …FSC considers the actions and intentions of Anji Double Tiger (and Anji Shuanghu) to be a serious threat to the integrity of the FSC system. Thus, in accordance with FSC’s Advice Note 18, FSC has blocked the company till July 2027. FSC has evidence of how this company, operating under its two names, repeatedly made false claims. 
WASHINGTON — Workforce development organization 
The U.S. government is investing $265 million in 17 states to save private forests from development, while improving rural economies, mitigating wildfire threats and reconnecting wildlife. The U.S. Forest Service recently announced the grants in its latest batch funded by the Forest Legacy Program. The October awards were made through Inflation Reduction Act funds. These new grants will help protect some 335,000 acres of vital forest lands in 21 projects. …“Landowners face many pressures to convert forests to other uses and this investment is key to keeping the economic, social, and ecological benefits that these forests provide,” Agriculture Secretary Tom Vilsack said Oct. 29 in press statement about the recent round of grants. …The total allocation for 2024 will amount to nearly $420 million in grants to 47 projects to save 500,000 acres of forest land. Over the last three decades since the program began, the federal government has saved 3.1 million forest acres in 479 completed projects.
KALISPELL, Mont. — The Flathead National Forest and the Montana Department of Natural Resources and Conservation are working together to reduce wildfire risk through the Jackknife Project. The project is made possible by the Good Neighbor Authority, which allows the two agencies to plan and coordinate forest management projects. A Eureka company, Stoken Logging will harvest about 800 trees per acre and will leave about 100 to 250 trees per acre as part of a timber sale. The project spans over 1,000 acres on Good Creek Road and the harvest will allow residual trees to have more access to light water and nutrients. The reduction in trees will reduce the ability of wildfires to reach the top of trees, known as a crown fires.
J.P. Morgan Asset Management announced that institutional investors advised by the firm’s wholly-owned timber investment manager, Campbell Global, have led the acquisition of 40,800 productive acres of high-quality, commercial timberland located on the Olympic Peninsula in Washington state. The firm has named the property Tyee to acknowledge the Cascadia region’s indigenous Native American history. Campbell Global was acquired by J.P. Morgan Asset Management in 2021 and is recognized as a pioneer in timberland management, having managed more than five million acres worldwide for pension funds, foundations and other institutional investors since inception. Tyee will be continuously managed for both carbon capture and timber production to meet growing demand for sustainable building products and other uses. Some details of the property include 100% certified in accordance with Sustainable Forestry Initiative standards.
Renewables are currently expected to account for 23% of U.S. electricity generation this year, increasing to 25% in 2025, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Dec. 10. Renewables accounted for 22% of U.S. electricity generation last year. Biomass is currently expected to account for 2.18% of U.S. renewable electricity generation this year, falling to 2% next year. Biomass accounted for 2.44% of renewable electricity generation in 2023. According to the EIA, biomass is expected to be used to generate 20.6 billion kilowatt hours (kWh) of electricity in 2024, increasing to 21.1 billion kWh in 2025. Biomass generation was at 21.4 billion kWh in 2023.
The value of U.S. tall oil exports to Finland and Sweden increased significantly last year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. The increase is primarily attributed to increased demand for tall oil as an advanced biofuel feedstock. Both countries are expected to further expand their advanced biofuel production capacity over the next five years, and import demand for tall oil is forecast to grow accordingly. Tall oil is produced from back liquor generated by the pulping of wood.
SEATTLE — A pair of proposals to build wood pellet-manufacturing plants in Hoquiam and Longview would bring a growing but controversial global industry to Washington. Countries including the U.K. and Japan have subsidized the burning of such pellets to produce electricity. …But of concern is the industry’s operations elsewhere have revealed the use of whole logs, and even old growth forests in British Columbia, to manufacture them. …Drax and other wood pellet producers in the southeastern U.S. also vowed to use residual materials. But the Southern Environmental Law Center estimates that at least 100,000 acres of trees in the American south have been harvested for wood pellets. …The Times editorial board supports active management of working forestlands to improve their health, prevent wildfire and supply critical material for everything from utility poles to affordable housing. …But state leaders should be wary of these past examples. [to access the full story a Seattle Times subscription is required]