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"We feel there's going to be a gradual increase in demand" for lumber, said Jeff Lisk, a general manager of the Hamburg, N.
WSJ: Logging Towns Are on a Roll
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Another headwind for lumber prices will be an excess of lumbar in North America that Citigroup estimates will take three years to work down.
FORBES: 5 Investment Ideas From Wall Street: Jan. 20
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The California Division of Forestry had originally projected that 136m board-feet could be logged in the buffer zones over 10 years, but on Friday, February 26th, Pacific Lumber claimed that it required at least 200m board-feet for the project to be economically feasible.
ECONOMIST: The redwood forests
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Beginning March 1, no hardwood firewood, ash nursery stock or untreated ash lumber will be allowed outside Berkshire County, where the emerald ash borer was found last summer in trees in Dalton, a few miles from the New York border.
WSJ: Mass. creates quarantine zone to contain insect