Forisk quoted in REIT Magazine regarding performance of public timber REITs

15 03 2010

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Forisk interviewed on NPR regarding outlook for the timber industry

25 01 2010

ATLANTA, GA (WABE) – In recent years, Georgia’s timber producers have fallen on tough times. But a new forecast shows the

worst could be behind them. WABE’s Jim Burress reports.

The South’s demand for timber between 2006 and 2009 fell by nearly a third. That’s largely due to a decline in new housing starts.

The decline forced some timber producers out of business, while others continue to struggle, says Brooks Mendell, president of industry analyst Forisk Consulting.

“We’re at the bottom. We have folks that have managed down their inventory and are generating just enough cash to keep rolling.”

Producers may not have to wait much longer. Forisk just released its long-term timber price forecast, which shows prices rebounding by 17-percent through 2011.

Because timber production and prices reflect regional demand, Georgia could see the biggest improvements among Southern states.

In Georgia alone, timber production is between a $20-billion and $30-billion a year industry.

Jim Burress, WABE News.

Sawtimber Prices Expected to Recover in 2010-2011 for US South, yet results vary by state

21 01 2010

Turbulent times characterized by plummeting pine sawtimber prices could soon be over for timber sellers.  Forisk’s new stumpage price forecast signals climbing prices for pine sawtimber in the US South beginning in 2010.  The ForiskFORECAST pine sawtimber price forecast, which includes state-by-state forecasts through 2020, and the “Forecasting Timber Prices” workshop provide insights for timberland owners, investors, and wood procurement managers in planning future pricing and management strategies as lumber and plywood markets recover.

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