Hurricane Idalia caused damage to 289,096 acres of timber, resulting in an estimated loss of $64,751,255 in value, according to reporting by Fox Weather.
News in timber
West Fraser Announces Sale of Its Quesnel River and Slave Lake Pulp Mills to Atlas Holdings
West Fraser will sell its Quesnel River Pulp mill in Quesnel, British Columbia, and its Slave Lake Pulp mill in Slave Lake, Alberta, to Atlas.
US National Interagency Fire Center Wildfire Update for the Week Ending September 22nd
As of Friday, September 22nd, 53 large wildfires have burned 440,958 acres in 11 states. Three new large new wildfires were reported on Thursday.
Weyerhaeuser Announces Approval of Its First Forest Carbon Project
Weyerhaeuser has received approval from the American Carbon Registry for its Improved Forest Management (IFM) carbon credit project in Maine.
Hughes Pacific Expanding Its Timber Holdings in Canada
Washington-based Hughes Pacific has announced a significant expansion of its forestry operations in western Canada, Canadian Forest Industries (CFI) reported.
USDA Announces $1 Billion in Competitive Grants to Plant and Maintain Trees in Urban and Suburban Areas
The Forest Service is awarding more than $1 billion in competitive grants to plant and maintain trees in cities, towns, and suburbs where more than 85% of Americans live, work, and play.
US National Interagency Fire Center Wildfire Update for the Week Ending September 15th
As of Friday, September 15th, 67 large wildfires have burned more than 468,938 acres in 12 states. Two new large new wildfires were reported.
Canadian Wildfire Update Provided by Natural Resources Canada
Canada is at a national Preparedness Level 5 out of 5, indicating full commitment of national resources is ongoing, demand for resources is extreme, and international resources are being mobilized.
Global Coalition Looks to Secure a Place in Emerging Carbon Markets
Two Australian forestry sector veterans have created the International Sustainable Forestry Coalition (ISGC) to secure a place in the emerging carbon market, according to a feature by Proactive Investors.
US National Interagency Fire Center Wildfire Update for the Week Ending September 8th
As of Friday, September 8th, 72 large wildfires have burned more than 468,876 acres in 14 states. Five new large wildfires were reported.