The spruce bark beetle is continuing to eat its way through the forests in Southcentral Alaska. According to estimates, over 1.6 million acres are now impacted. Time is quickly running out to salvage any marketable value out of the effected wood.
News in timber
Nuchatlaht First Nation Asks B.C. Supreme Court to Halt Logging on Parts of the Nation’s Territory
Lawyers for the Nuchatlaht First Nation asked the B.C. Supreme Court to recognize its rights and title and put a stop to logging on their land. The lawsuit filed in 2017 asserts that the governments have denied Nuchatlaht rights by authorizing logging and “effectively dispossessing” the nation of parts of its territory on Vancouver Island’s west coast.
Domain Timber Advisors Completes Purchase of 1,672 Acres of Timberland in West Georgia
Domain Capital Group, LLC, an Atlanta-based comprehensive private investment and management firm, today (3-21-22) announced that its subsidiary, Domain Timber Advisors, LLC, has finalized the purchase of 1,672 acres of timberland in west Georgia, expanding the firms’ Southeast timber portfolio.
Mosaic Forest Management to Defer Timber Harvesting on Some of its Timberland, Opting to Sell Carbon Credits Instead
Mosaic Forest Management, which oversees forest holdings for two B.C. companies—TimberWest Forest Corp. and Island Timberlands L.P.—which are owned by three large pension plans announced on Wednesday that it will defer the harvesting of 40,000 hectares of “old forests” on Vancouver Island and Haida Gwaii for at least 25-years.
Saskatchewan’s Forestry Products Sales Hit New All-Time High in 2021
Saskatchewan’s forest sector hit an all-time record high of $1.8 billion in forestry product sales in 2021, up 60% from 2020, according to a press release from the provincial government. The forest industry has been rapidly expanding in the province.
Russia Bans Export Sales of Wood and Wood Products to “Unfriendly” Countries
According to the Ministry of Industry and Trade of Russia, Russia will ban the export of wood and wood products to countries from “unfriendly” states, including the U.S. and the EU countries, until the end of 2022. The ministry notes that the ban will ensure the needs in the domestic market for affordable raw wood.
E.U. Timber Industry Trade Groups Foresee Timber Shortages Due to Russia’s Invasion of Ukraine
A meeting of the main European trade bodies for the timber industry, CEI-Bois and EOS ended with the groups recognizing that Russia’s invasion of Ukraine poses a real threat to peace and security in Europe while direct consequences on the timber business should be expected.
New Brunswick Private Timberland Log Sellers Find Better Prices for their Logs in Maine
New Brunswick, Canada lumber mills are supplied mostly from timber cut on publicly owned Crown land. In turn, private sellers contend that because the New Brunswick government does not raise the price it charges for trees to match rising lumber prices, as most provinces do, the prices they can charge mills are kept artificially low.
Florida Panhandle Weekend Wildfires Fueled by Hurricane Michael’s 2018 Devastation
According to the Florida Forest Service (FFS), in 2018 Hurricane Michael roared on shore in Florida’s Panhandle, leaving behind approximately $25 billion in damage in the U.S. and destroying nearly 72 million tons of trees across nearly three million acres of timberland. Those destroyed trees are currently the fuel source for two massive wildfires.
Oregon State Senate Votes to Approve Private Forest Accord Compromise Legislation
By a vote of 22-5, the Oregon State Senate voted on Tuesday (3-2-22) in favor of Senate Bill 1501, the Private Forest Accord compromise. The 44-page bill expands no-harvest buffers around streams, implements stricter requirements for roadbuilding, prioritizes non-lethal control of beavers, and creates a new modeling system to avoid and mitigate the effects of landslides.