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Södra plans to divest 153 thousand hectares of forest holding in …
Jan 10, 2025 · Södra has decided to divest its forest holdings and related activities in the Baltics as part of its strategy to focus on members' forests and maximize value for these estates.
Residential construction loan volumes decline to $491 billion in Q3 …
Jan 10, 2025 · The total volume of outstanding acquisition, development, and construction (AD&C) loans issued by FDIC-insured institutions fell to $491 billion in the third quarter of 2024, declining from $496 billion in the second quarter.
Exports of lumber from Sweden to U.S. surge 72% in November
Jan 13, 2025 · In November 2024, the exports of lumber from Sweden to the U.S. shot 72% year-on-year to 138.4 thous...
Freddie Mac reports 30-year mortgage rate rises to 6.93% in …
Jan 9, 2025 · The 30-year fixed-rate mortgage (FRM) averages 6.93% as of January 9, 2025, rising from 6.91% the previous week and 6.66% a year earlier, according to Freddie Mac.. Freddie Mac’s Primary Mortgage Market Survey indicates the 30-year FRM remains elevated, with Chief Economist Sam Khater stating the strength of the economy and high home prices continue to pressure mortgage rates and housing ...
Wood market news and analysis, lumber prices - Lesprom Network
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Trump’s proposed 25% tariff on Canadian imports could disrupt …
Jan 6, 2025 · President-elect Donald Trump’s threat to impose a 25% tariff on Canadian imports could significantly disrupt the U.S. lumber supply chain, according to Rajan Parajuli, an associate professor of forest economics and policy at NC State University. Canada, one of the largest global producers of softwood lumber, exported 28.1 million m3 …
Russian Forest-Based Industries in 2024: A New Reality
The annual review of the Russian forest based industry provided by the Research Department of Lesprom Network. The report contains a detailed analysis of the key sectors, including production, exports and imports, and prices.
Owner of Europe’s largest sawmill files for bankruptcy
Nov 26, 2024 · The Ziegler Group, one of Europe’s largest wood industry enterprises, has filed for bankruptcy through its parent company, Ziegler Holding GmbH.
HS Timber Group acquires Vika Wood SIA in Latvia
Jan 9, 2025 · HS Timber Group has signed an agreement to acquire 100% of the shares in Vika Wood SIA, a Latvian wood processing company, from Bergs Timber AB. The deal, pending competition authority approval, is expected to close in the first quarter of 2025, according to the companies involved.
USDA announces six senior appointments to key positions
Jan 21, 2025 · The U.S. Department of Agriculture (USDA) announced six key senior appointments in Washington, D.C., on January 21, 2025, aimed at supporting America’s farmers, ranchers, and producers. Kailee Tkacz Buller has been named Chief of Staff, joined by Preston Parry as Deputy Chief of Staff and Jennifer ...