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Summer Surprise

Harder.Blog

A number of forest analysts were projecting that while we are in midst of a long period of strengthening lumber markets, prices could fade this summer due to increasing production on both sides of the border. The 20% jump year-over-year in U.S. housing starts experienced in Q1 was widely explained by the mild winter compared to 2015. While no one projects another 20% jump in starts this year, homebuilding activity continues to grind forward. Demand for lumber has been surprisingly strong through mid-August. Notably, the Framing Lumber Composite Price is up almost 20% since the Softwood Lumber Agreement expired last October.

The positive correlation illustrated below suggests the “surge” in cross-border shipments during the standstill period to date is largely demand-driven. The chart plots B.C. softwood exports to the U.S. per BCStats vs. the Framing Lumber Composite Price by month per Random Lengths (most recent data for softwood shipments…

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The Saga of Miss American Green Cross

Peeling Back the Bark

This weekend a winner will be crowned at the 89th Miss America Pageant in Atlantic City. While we wish all the ladies luck, here at Peeling Back the Bark World Headquarters our favorite Miss America will undoubtedly remain one woman born all the way back in 1928.Miss America Green Cross

Miss American Green Cross, as she is known, was unveiled in Glendale, California, 87 years ago. Posing against the backdrop of a cross, her striking figure appeared with her arms outstretched in a call to save America’s trees. But who was this woman and where did she come from? To fully understand her story we need to go back a few more years to the origins of the American Reforestation Association.

American Reforestation Association logoThe early 1920s was a time of growing concerns over dwindling forest resources in the United States. In response to this perceived crisis, the American Reforestation Association was incorporated in Los Angeles…

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