The V-shapped housing market recovery is being challenged by low lumber inventories and high prices. Companies in the news include: Canfor’s Taylor pulp mill (record production); C&C Wood Products (a suitor is found); Elmsdale Lumber (a shortage of logs); Verso’s Luke Paper Mill (a lack of UI benefits); and Kimberly-Clark (new climate goals).
In Forestry/Climate news: the spruce budworm is surging in Ontario; a breakthrough agreement clears the way for thinning in New Mexico; new satellite technology to monitor Argentina’s forests; Scotland looks to expand its woodlands; and Germany’s forests decimated by insects, drought.
Finally, the summer heat is drying out BC’s forests; as wildfires abound in Maine and Portugal.
Kelly McCloskey, Tree Frog Editor