The BC Supreme Court has approved the sale of Teal-Jones operations to Gillfor Manufacturing. In related news: Smurfit Westrock acquires a Chilean containerboard and corrugated firm; Greif exits the coated recycled paperboard market; lumber futures fell to a 9-month low; pellet producers face a diesel-cost surge; US 30-year mortgages top 7%; and Europe’s softwood market faces weak demand, and a potential price war.
In Wood Products news: architect Michael Green is recognized with Visionary Award; Think Wood reports on mass timbers’ success at the 2026 AIA awards; Timberlab gives salvaged glulam a new role; Turkey and Ireland move to increase timber use; BC Wood launches an HR Essentials seminar; and ready or not, here comes the EU’s new Packaging and Packaging Waste Regulation.
In Forestry news: West Fraser-Williams Lake partners with First Nation on stewardship; University of Calgary finds high levels of inbreeding among caribou populations; UBC Forestry earns SAF accreditation; US National Science Foundation researchers map wildfire risk in real time; California reports progress on wildfire preparedness; and Washington state scales back its old-growth protection plan.
Finally, the Wood Pellet Association of Canada recognized its longtime president Vaughan Bassett.
Kelly McCloskey, Tree Frog News Editor
Lumber futures fell to around $530 per thousand board feet, remaining near their lowest level in nine months, as rising borrowing costs weigh on housing demand. Growing concerns over inflationary pressures have fueled a broader selloff in global government debt markets, pushing yields to their highest level in nearly two decades. As a result, mortgage rates climbed above 7%, a level last seen in January 2025, further weighing on prospective homebuyers. Although lacking any particular economic significance, economists refer to the threshold as a psychological ceiling. Meanwhile, lumber-intensive single-family housing starts increased 7.6% in August. Providing an offsetting pressure, Ottawa had announced counter-tariffs of 25% on US lumber and 50% on plywood following US tariffs on several lumber-related goods.
Fueled by supply chain interruptions due to war in the Middle East, diesel prices have reached historic highs in 2026, driving up operating costs across many industries and hiking prices for consumer goods. With narrow margins and significant volumes of feedstock to transport, biomass-to-energy facilities and wood pellet producers face a challenging financial equation. In August 2026, average U.S. diesel prices stood at $5.37 per gallon, according to AAA’s fuel price tracker. Supply chain disruptions due to conflict in the Middle East jumped significantly in 2026. U.S. Energy Information Association data has tracked this trend as diesel prices climbed from an average of $3.52 per gallon in January to $4.91 in March. Since then, prices spiked to $5.60 on average in May, rising to a crushing $6.31 national average by mid-September—an all-time record in the United States.
New housing starts in England rose sharply in the second quarter of 2026. This came even as the number of homes granted planning permission continued to decline, according to figures published Thursday by the Ministry of Housing, Communities and Local Government (MHCLG). Builders started work on 35,910 new dwellings between April and June. That was a seasonally adjusted 6% increase on the first quarter and 20% higher than the same period last year, the department’s “Housing Supply: Indicators of New Supply” release showed. Completions, however, fell to 35,800, down 3% quarter-on-quarter, though still 1% above a year earlier. Over the same period, permission was granted for 212,000 homes in the year to June 30. That was a 12% drop from the 242,000 approved a year earlier, according to provisional figures MHCLG compiled with contractor Glenigan. …MHCLG estimates 196,900 net additional homes were delivered in England in 2025-26. That was a 6% fall from the previous year. 
An analysis originally published by Austria’s Landwirtschaftskammer Kärnten says Europe’s timber industry continues to face weak construction activity, high financing costs and subdued demand. Global Wood’s English-language report says… The European timber industry is facing a prolonged period of consolidation as weak construction activity, industrial recession and higher financing costs continue to pressure the sector. The outlook was discussed at International Wood Day in Klagenfurt, Austria, where around 300 industry leaders and experts gathered. Raiffeisenbank International chief economist Gunter Deuber said Germany’s continued industrial weakness is affecting Central European sawmills, panel manufacturers and timber construction companies, with building permits remaining at historically low levels. High household savings and cautious spending are also limiting residential construction, while stricter lending conditions and elevated construction costs are delaying projects. Although interest rates have fallen, financing remains more expensive than before 2022. 
UK — Demand in softwood markets remains patchy at best, and an overall weakness in the market predominates leading merchants to adopt an ultra-cautious approach. Now that the Scandinavian mills are back in production after the summer holidays, their attention is focused on which markets will be able to absorb their productions. With UK demand on the back foot, importers and are concerned that the Swedes may try to squeeze unwanted volumes into the UK with price inducements. If this happens, and an excess of softwood arrives, it can only result in another self-destructing price war. …To mitigate the effects of low demand, some sawmilling groups are reducing production. …Sawmillers Holmen have announced reduced output for their Linghem mill in Sweden, Stora-Enso is discussing permanent closure of the Veitsiluoto unit in Finland, and there has been an overall drop in production among German softwood producers. …Further afield, curtailments are spreading across the US and Canada.
EUROPE — The European Federation of Wooden pallet and Packaging Manufacturers (FEFPEB) fully supports the PPWR’s objectives to strengthen circularity and promote reuse.However, following our review of the work concerning wooden pallets, we have seriousconcerns that the current assessment does not adequately reflect how pallet reuse operates inpractice or provide a sufficiently representative basis for establishing a mandatory minimumnumber of rotations. For the reasons set out in the attached statement, FEFPEB does not support the introduction ofa mandatory minimum rotation requirement for wooden pallets on the basis of the currentassessment. In particular, we believe that the evidence base and methodology should bereassessed, with meaningful involvement of the wooden pallet sector, before any suchrequirement is considered. Wooden pallets already operate within mature systems of repeated use, repair, reconditioning,and recycling across Europe. Their circular performance cannot always be captured through individual rotation counts.
Work to increase the use of timber in construction in Ireland has entered the “next phase” with the first meeting of a group tasked with delivering on this government ambition taking place. …The group is responsible for delivering the seven priority recommendations from a report by the Timber in Construction Steering Group. 
The decisions made in a forest today will shape it for generations. Making those decisions well requires shared knowledge, strong relationships and an understanding of the priorities of the communities connected to the land. …In the Williams Lake region, the National Forest Week vision is being put into practice through a partnership between West Fraser and the Stswecem’c Xget’tem First Nation (SXFN). Together, West Fraser and SXFN are demonstrating how collaboration can advance local forest stewardship through shared learning, skills development and a commitment to responsible land management. “Good forest management starts with understanding the ecosystem and managing for resiliency over generations,” said Chad Swanson, West Fraser’s Chief Forester for British Columbia. “Working collaboratively with Indigenous Nations in the areas where we operate allows us to incorporate important knowledge and perspectives about the land and combine them with forestry science. Together, these insights help us make informed decisions that support healthy, resilient forests.”
From training young and new workers to managing roadside risks and small business safety, the fall issue of WorkSafe Magazine shares practical guidance to help employers and workers create safer, healthier workplaces. Alongside feature stories, you’ll find information on small business, volunteer fire departments, upcoming conferences.