Monday, September 30, 2024

Early Registration Discount Ends This Week for Timber Market Analysis Class

The early registration discount ends on Wednesday, October 2nd, for Forisk's Timber Market Analysis Cass!

Class Held Virtually Over Two Half-Days on October 16-17

Learn More & Register

Forisk's Timber Market Analysis Class is in two weeks, and there are only two days left to take advantage of the early registration discount! This class is only taught once per year, and you don't want to miss it. The early registration discount ends on October 2nd, and the last day to register is October 15th. Unable to attend live? The class recording and electronic materials will be available for you to watch & review on-demand after the live webinar.

About The Class


Timber Market Analysis (TMA) is a systematic process for evaluating local wood baskets or timber markets. Timber Market Analysis mitigates risk and increases the opportunities for returns

through reducing errors, prioritizing resource allocation and highlighting unanswered questions.


Delivered in an interactive environment through Live Zoom Webinar, Forisk's Timber Market Analysis Class walks through the process to understand, track, and analyze the price, demand, supply, and competitive dynamics of local timber markets and wood baskets through the use of case studies. It is divided into two half-days of course content where Day 2 builds on Day 1.


This class is ideal for anyone who wants a step-by-step process to understand, track, and analyze the price, demand, supply, and competitive dynamics of local timber markets and wood baskets.


Attendees will receive digital course materials, including excel templates to conduct and deliver assessments of wood baskets and timber markets to clients and managers.

Key Topics in this Course

  • Timber market frameworks.
  • Defining "operable" and "analyzable" markets.
  • Specifying types and sources of wood and timber supplies.
  • Baselining wood demand and competition.
  • Evaluating supply chain issues.
  • Current vs. Future timber/wood market analysis.
  • Developing industry scenarios.
  • Projecting market-specific forest supplies.
  • Projecting market-specific wood demand.
  • Forecasting stumpage and delivered prices.
  • Comparing markets and communicating results.


Click here to view the full agenda

Continuing Ed Credit


This 2-day class qualifies for Continuing Education credits for CFE (Forestry), CLE/MTH (Logger/Master Timber Harvester), and Georgia Real Estate/Appraisal.


Attend one day to earn 3.0 CE hours, or both days for 6.0 CE hours.


This event will be recorded for online viewing afterwards, however we can only offer Continuing Education Credits to the people who attend the live webinars.

Discounts


Sign up by Wednesday, October 2nd, to get the early registration discount and save $100!


Firms that subscribe to Forisk's research receive a 10% discount on their employees' registration fees. This includes the FRQ, the Wood Fiber Review, and the Mill Capacity Database.


College students are also eligible to receive a 10% discount.


Email Pamela Smith at psmith@forisk.com for the promo code BEFORE registering online!

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Wednesday, September 25, 2024

Forisk Announces Launch of the Custom Market Forecast

Forisk Announces Launch of Custom Market Forecast

Register for the October 2nd informational webinar.

Athens, GA – September 25, 2024 – Forisk, a leading provider of forestry industry analytics and research, is proud to announce the launch of the Custom Market Forecast. Delivered as a one-page dashboard with a supporting data file, the Custom Market Forecast (CMF) provides a tailored forecast for client-specific timber markets and wood baskets, delivering localized insights to help institutional forestland owners, wood-using mills, and forest industry executives make informed capital investment and operational decisions.


The Custom Market Forecast leverages Forisk’s localized models to offer clients timely, easy-to-understand market forecasts that are specific to their timber markets and wood baskets. The product includes projections for timber prices, forest supplies and wood demand, and other market dynamics that impact profitability and investment strategies.


Each Custom Market Forecast includes tailored forecasts customized to reflect the specific timber market, down to the county level, that matters to the client. The deliverables include a one-page user-friendly dashboard that provides a clear and concise overview of market trends and key indicators, in addition to a data file with the underlying price, supply, and demand information by year and scenario.


“Forisk’s mission has always been to help our clients make operable, sustainable, profitable investment decisions in local timber markets by delivering actionable data and insights,” said Dr. Brooks Mendell, CEO of Forisk. “The Custom Market Forecast makes it easier for our clients to get the information they need, specific to their market, in a simple, accessible format.”


To learn more about the Custom Market Forecast, attend Forisk’s informational webinar on Wednesday, October 2 at 1:00pm Eastern. Register here. In the webinar, you will learn:

  • How the Custom Market Forecast can enhance your market analysis.
  • Key features that provide timely and actionable data.
  • Real-world applications for using and applying the Custom Market Forecast.


For more information or to subscribe to Forisk’s Custom Market Forecast, please contact: Nick DiLuzio, ndiluzio@forisk.com, 770-725-8447. 

About Forisk Consulting: Forisk delivers forecasts and analysis of forest industry markets and timberland investments. Firms participate in Forisk’s research program by subscribing to the Forisk Research Quarterly (FRQ), Custom Market Forecast, Forisk Wood Fiber Review, or the North American Forest Industry Capacity Database; supporting benchmarking studies related to forest operations and mail capacities; and attending educational workshops.

Forisk Consulting | www.forisk.com

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Thursday, September 19, 2024

Wood Fiber Prices in Most North American Regions are Mixed Year-Over-Year

Wood Fiber Prices in Most North American are Mixed Year-Over-Year

ATHENS, GEORGIA – September 19, 2024 – According to the Forisk Wood Fiber Review (FWFR), weighted softwood fiber prices in the U.S. increased by 4% year-over-year through Q3 2024, while Canadian prices decreased by 2%. The price hikes in the U.S. are linked to regional market adjustments caused by wet weather and reduced availability of residual chips due to widespread sawmill curtailments and closures. In Canada, most fiber prices are tied to end market products like Northern bleached softwood kraft (NBSK) or lumber, which are currently experiencing a downturn.


Canadian roundwood prices increased by 2%, while chip prices declined by 3% year-over-year. In British Columbia, softwood pulplog prices rose by 8% for the quarter, whereas they dropped by 7% in the Maritimes. Delivered softwood chip prices decreased by 8% in Alberta and 3% in British Columbia but increased by 1% in East Ontario/Quebec. According to Stephen Wright, Product Manager of the FWFR, “The Canadian Forest products industry continues to face significant contraction, with 862 million board feet of capacity reductions announced across three sawmills this quarter. However, the avoidance of a prolonged rail strike and a relatively calm fire season provided some temporary relief.”


U.S. roundwood prices increased by 6% year-over-year, and chip prices rose by 1%, though this varied regionally. In the Lake States and Northwest U.S., prices for most products declined year-over-year, with the exception of residual hardwood chips in the Northwest, which saw a 7% increase. In the U.S. Southeast and South Central regions, fiber prices for roundwood and chips showed mixed year-over-year trends, with South Central hardwood residual prices experiencing the most significant drop at 17%. Northeast fiber prices saw double-digit percentage increases across most products, except for hardwood residual chips, which fell by 2% for the year. Brooks Mendell, CEO of Forisk Consulting, commented, “Depressed softwood lumber markets continue to burden the industry, evidenced by multiple capacity reductions and closures. With fewer available residual chips, pulp and paper facilities are adjusting fiber procurement strategies.”


Wood fiber costs account for over half of total pulp manufacturing costs worldwide. The Forisk Wood Fiber Review includes prices and market commentary for all major North American regions, providing essential data for anyone that needs to track pulpwood, wood chips, and biomass prices in the world’s largest and most dynamic wood fiber markets. The FWFR provides updates of softwood and hardwood prices for major markets in North America. Prices are reported for wood delivered to consuming plants as a range and average. Each report also updates U.S. and Canada trade statistics for lumber, logs, wood pellets, wood chips and pulp. 


For more information or to subscribe to the Forisk Wood Fiber Review, visit Forisk's website or contact Nick DiLuzio, ndiluzio@forisk.com, 770.725.8447.

About Forisk Consulting: Forisk delivers forecasts and analysis of forest industry markets and timberland investments. Firms participate in Forisk’s research program by subscribing to the Forisk Research Quarterly (FRQ), the Forisk Wood Fiber Review, or the North American Forest Industry Capacity Database; supporting benchmarking studies related to forest operations and mill capacities; and attending educational workshops.
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Athens, GA 30604
Phone: (770) 725-8447
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Wednesday, September 18, 2024

Timber Market Analysis Class

Early Registration Discount Ends in 2 Weeks for Forisk's Timber Market Analysis Class!

Held Virtually Over Two Half-Days on October 16-17

Learn More & Register

Forisk's Timber Market Analysis Class is next month, and there are only 2 weeks left to take advantage of the early registration discount! This class is only taught once per year, and you don't want to miss it. The early registration discount ends on October 2nd, so register soon to save $100! Unable to attend live? The class recording and electronic materials will be available for you to watch & review on-demand after the live webinar.

What is Timber Market Analysis?


Timber Market Analysis (TMA) is a systematic process for evaluating local wood baskets or timber markets. In the TMA Class, Forisk teaches a process and set of tools for those looking to engage with the data more directly.


Forisk's Timber Market Analysis (TMA) Class walks through the process to understand, track, and analyze the price, demand, supply, and competitive dynamics of local timber markets and wood baskets through the use of case studies.


This process has evolved through hundreds of engagements and dozens of research studies focused on breaking down local wood baskets and timber markets for a range of questions. It relies on available inputs and consistently applied analytical frameworks.


Attendees will receive digital course materials, including excel templates to conduct and deliver assessments of wood baskets and timber markets to clients and managers.

Key Topics in this Course

  • Timber market frameworks.
  • Defining "operable" and "analyzable" markets.
  • Specifying types and sources of wood and timber supplies.
  • Baselining wood demand and competition.
  • Evaluating supply chain issues.
  • Current vs. Future timber/wood market analysis.
  • Developing industry scenarios.
  • Projecting market-specific forest supplies.
  • Projecting market-specific wood demand.
  • Forecasting stumpage and delivered prices.
  • Comparing markets and communicating results.


Click here to view the full agenda

Continuing Ed Credit


This 2-day class qualifies for Continuing Education credits for CFE (Forestry), CLE/MTH (Logger/Master Timber Harvester), and Georgia Real Estate/Appraisal.


Attend one day to earn 3.0 CE hours, or both days for 6.0 CE hours.


This event will be recorded for online viewing afterwards, however we can only offer Continuing Education Credits to the people who attend the live webinars.

Discounts


Sign up by October 2nd to get the early registration discount and save $100!


Firms that subscribe to Forisk's research receive a 10% discount on their employees' registration fees. This includes the FRQ, the Wood Fiber Review, and the Mill Capacity Database.


College students are also eligible to receive a 10% discount.


Email Pamela Smith at psmith@forisk.com for the promo code BEFORE registering online!

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Q4 Research Update: Pulp/paper and chip mills reduced wood-using capacity, while sawmills completed projects that offset losses from closures.

  Pulp/paper and chip mills reduced wood-using capacity in Q4 2024, while sawm...