by Web Editor | May 22, 2018 | News
USDA Forest Service Interim Chief Vicki Christiansen recently announced the award of almost $8 million to expand and accelerate wood products and wood energy markets. The Wood Innovation Grants will stimulate the removal of hazardous fuels from national forests and other forest lands to reduce the risk of catastrophic wildfires, promote forest health, and reduce the cost of forest management. The investment of federal funds will leverage over $13 million in matching funds from 33 business, university, nonprofit, and tribal partners in 20 states for a total investment of over $21 million.
“These Wood Innovation grants advance state-of-the-art solutions to reducing wildfire risk and making our forests healthier and more resilient,” said Forest Service Interim Chief Christiansen. “The public-private partnerships leveraged with these grants also foster increased economic development in rural communities.”
Previous grants supported successful blast testing of cross-laminated timber (CLT) that directly resulted in the Department of Defense using CLT on its on-base hotels; and the funding of a feasibility analysis for a new CLT manufacturing facility to increase the amount of U.S.-made CLT.
This year the Forest Service received 119 proposals, demonstrating the expanding interest in using wood in both traditional and unconventional ways, such as an innovative building material and as a renewable energy source. Since 2005 more than 260 grants have been awarded to improve forest health, create jobs, invest in renewable energy, and support healthy communities.
Of the 34 projects funded in 2018, 28 focus upon expanding markets for wood products, and six seek to increase markets for wood energy. Some examples include utilizing small-diameter woody material in cross laminated timber (CLT) panels, addressing affordable housing in the northeast building market with mass timber, converting woody debris to renewable natural gas for transportation fuel, and using juniper biomass and biochar to filter heavy metals and manage storm water.
Read more on this from the USDA Forest Service at https://www.fs.fed.us/news/releases/usda-forest-service-awards-wood-innovation-grants-expand-and-accelerate-wood-products.
by Web Editor | Mar 19, 2018 | News
Forisk projects U.S. softwood lumber consumption of 49.8 BBFT in 2018. This represents a 3.7% increase from our 2017 forecast of 48.1 BBFT and is 5.4% higher than 2016 actuals of 47.3 BBFT. Softwood lumber consumption increased every year since 2009, but remained 26.4% below the 2005 consumption high of 64.2 BBFT. U.S. softwood lumber production is forecasted to increase 5.0% to 35.6 billion board feet in 2018. The South drives this growth with production expected to rise 6.4% for the year, reaching 19.5 BBFT. This would be a new high for the region, surpassing the 19.0 BBFT of production in 2005. In the Base Case, the South’s share of national lumber production increases 0.8% to 55% in 2018.
We project U.S. softwood lumber self-sufficiency to reach 71.4% in 2018 as imports level off, and U.S. softwood production increases relative to consumption. We expect net imports to remain stable in 2018 due to physical constraints on Canadian lumber producers and their inability to grow exports to the U.S.: raging wildfires; stagnant softwood lumber capacity; increasing domestic softwood consumption; two new tariffs imposed on Canadian softwood lumber imports in 2017; and reductions in annual allowable cuts.
In the Forisk Base Case, total structural panel consumption increases from 31.2 billion square feet in 2017 to 36.6 billion square feet by 2022, increasing at a compound annual growth rate of 3.3%. OSB consumption is forecasted to rise 3.1% over 2017, while plywood consumption is forecast to increase 2.1%. For context, our October 2017 forecast was 3.5% lower than actuals, while our initial January 2017 forecast came in at 0.9% below actuals.
Each year we update a multi-phased study for estimating U.S. structural panel consumption. We test variables such as housing starts, GDP, population and others. Outputs from all approaches – regardless of the approach, variables, or form – tend to correlate highly with each other. Simpler models performed better; our final model had an R-squared of 0.97. Then, we evaluate results of our model relative to history and research by the USDA Forest Service and APA-The Engineered Wood Association prior to incorporating the projections into price forecasts for timber and delivered logs across the U.S.
From FORISK Consulting: https://forisk.com/blog/2018/03/15/forisk-research-quarterly-frq-excerpt-2018-lumber-structural-panel-projections/
