Lumber hits new low in strange disconnect with hurricane Florence

September 20, 2018
Category: Today's Takeaway

Lumber hits a new low in a strange disconnect with hurricane Florence. Three related stories include: forestry stock prices fall, analyst downgrades lumber stocks; and US building permits fall in August. Elsewhere: Chinese tariffs may give US veneer mills a break; and Rough & Ready Lumber responds to mill closure criticism. 

In Forestry news: BC draws ire over caribou plan; Nova Scotia’s forests need more protection; forest diversity is key to protecting Utah’s forests from drought; Virginia  protects forestland along the Appalachian Trail, FPInnovations and the American Trucking Association partner on innovation; and Greenpeace links name-brands to forest destruction in Indonesia. 

Finally, the saying “you can make anything out of lignin except money” may be redundant; and happy 85th Birthday to the Northeastern Lumber Manufacturers Association (NELMA).

–Kelly McCloskey, Tree Frog Editor

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