West Fraser shares up slightly despite $45M Q3 loss

October 22, 2019
Category: Today's Takeaway

West Fraser Timber shares are expected to fare well, despite reporting $45M Q3 loss on lower lumber production. In other Business news: the Steelworkers say Western Forest Products is refusing to budge; a Longlac Ontario mill is running out of wood; Norbord curtails OSB production at Cordele, Georgia; and an update on the EU’s softwood challenges.

In Forestry/Climate news: BC’s search and destroy approach to pine beetles; California’s forest thinning effort in Lake Tahoe; Oregon’s wildfire cash flow challenge; Indonesia’s 2019 wildfires losses; and an Arizona study says high precipitation years won’t save trees from climate change.

Finally, UK scientists develop an artificial leaf inspired by photosynthesis.

Kelly McCloskey, Tree Frog Editor

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