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Morningstar maintains Weyerhaeuser's US$38 fair value estimate, noting Q4 results largely in line with expectations; lumber prices may be kept at lower levels for much of 2023, as soft housing demand could somewhat offset benefit of capacity curtailments
Published:
January 27, 2023
by Morningstar
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US lawmakers for Maine urge federal government to protect state's forest economy by cracking down on illegal wood imports; they note illegal logging and associated trade globally is valued at US$157B/year and undermines conservation and climate efforts
Published:
January 27, 2023
by ForeignAffairs.co.nz
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Protesters gather outside British Columbia Natural Resources Forum in Prince George as premier speaks at gala dinner; impetus for protest was Canfor's announced pulp mill closure, but the issue was forestry policies and practices seen as killing jobs
Published:
January 27, 2023
by Smithers Interior News
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International Trade Administration issue notice called Certain Softwood Lumber Products From Canada: Preliminary Results, Partial Rescission, and Preliminary Intent To Rescind, in Part, the Countervailing Duty Administrative Review, 2021
Published:
January 27, 2023
by U.S. Fed News
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Business Insider: Lumber futures jump 13% to US$524/mbf, its highest level since October, as housing market shows signs of life; January homebuilder sentiment rose for first time in a year, signals pickup in activity for spring/summer homebuilding seasons
Published:
January 27, 2023
by Business Insider
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