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UK importers risk breaking sanctions if they import birch plywood from outside EU; birch forests are concentrated in Northern Russia, Eurasia, and it is 'almost certain' birch in Far East plywood being offered originated in Russia: Timber Development UK

American Forests sees potential to capture some 4 mmbf of wood from urban forests US-wide, and VP notes 'innovation happening' where cities have had to axe trees to keep emerald ash borer at bay; Dakota Timber processes 750 mbf/year, much of it urban wood

CIBC maintains Acadian Timber's neutral rating and C$18 target, noting Q2 results lag expectations, but seeing tailwinds for sawlog pricing in New Brunswick after province's planned shift to market-based approach to pricing for crown timber in 2023/2024

Acadian Timber reports Q2 income of C$4.5M, down from year-ago C$6.0M, on sales down 15% to C$16.5M; New Brunswick's new system for Crown timber royalty rates could impact future market prices and, in turn, prices obtained by Acadian for its products

American Forest Resource Council applauds Washington Supreme Court ruling supporting state DNR's fiduciary duty to manage working forests; DNR manages over 2 million acres of state trust lands to produce timber supplies, revenue for community benefit

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