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Other Industry News > Timber and Environment
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BC forest fires may double in size in next 65 years
British Columbia's Ministry of Forests, Lands and Natural Resource Operations has issued a report predicting that forest fires in the province could double in size. Climate change, new fuel types created by the mountain pine beetle and increasing urban development will increase the wildfire threats. For more, click here...
Potlatch completes timberland acquisition
Potlatch announced that it has closed the previously announced purchase of about 201,000 acres of timberlands in Alabama and Mississippi from affiliates of Resource Management Service, LLC. For more, click here...
Global sawlog prices fall in third quarter
Sawlog prices were lower in the third quarter in most of the 20 regions that are the basis for the Global Sawlog Price Index (GSPI), according to the Wood Resource Quarterly. The index fell by 4.6% from the second quarter to $85.56/m3, with the biggest price reduction occurring in the Nordic countries and Eastern Europe. The decline came after three consecutive quarters of increases and the GSPI reaching a three-year high in the second quarter this year. Global trade of softwood logs has picked up in 2014, and was about 9% higher during the first nine months of the year compared to the same period in 2013.
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