The forest products industry is complex and hyper-changeable. To successfully play in this universe, you need advice, data, and an overview from an unbiased, details-obsessed, independent source. Economic forecasts, lumber, timber, panels, mass timber and engineered wood products – this is FEA.
If a tree falls in the forest, we not only hear it – we follow it, analyze it and track it.
Whatever’s happening along the forest supply chain, from planting to felling to final use, we’re watching it, regionally, nationally, internationally. FEA people seek out every forestry detail, are obsessed with economics, trends and providing clients with deeply-rooted advice that informs their important decisions.
Why we’re here
We formed FEA when we recognized a need in the industry for impartial, exhaustive analysis, accessible data and customized consulting. FEA analysts come from all areas of the timber industry – when they talk, industry listens.
FEA markets our knowledge and data through analytical products that cover the forest product industry. These include Monthly Advisors and newsletters for near-term analysis, the Quarterly Forecasting Service for a longer-term outlook and an extensive historical database, as well as the industry's only comprehensive, up-to-date, mill-level capacity reports, categorized by sector.
Skeena Sawmills announced on Tuesday that it was closing down its Terrace, British Columbia, sawmill for an undetermined length of time, according to reporting by the Terrance Standard. The company cited high operating costs, lack of a secure fiber supply, and weak markets.
Recent wildfires, disease, and pests have led to millions of acres of Oregon land being deforested. To help address the issue, the Oregon Legislature provided the Department of Forestry with $4.4 million in grants to help ten tree nurseries increase their ability to produce seedlings.
Finland’s Keitele Group is reporting that the “temporary slowing” in the demand for lumber and wood products—which started in June of 2022—continues with no immediate relief in sight. Keitele cites the war in Ukraine, rising interest rates, expensive energy, and the overall global economic situation.
Forest Economic Advisors has recalculated US lumber import data from Europe after discovering an industry-wide miscalculation. The difference is large—likely over 1 billion board feet (BBF) in 2022—and explains a discrepancy between end-use market activity and US consumption that had left us scratching our heads for some time now.
With global markets again approaching record levels, a timely sharing of current industry and market information from around the world is even more important than ever.
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