Keyword: lumber
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Fix Our Forests Act would open the door to widespread logging and undermine environmental laws. WASHINGTON, DC— Today, Senators John Hickenlooper (D-Colo.) and Alex Padilla (D-Calif.) introduced the Fix Our Forests Act (FOFA). In a giveaway to the timber industry, the bill – which is presented as a measure against wildfire – could open the door to unlimited logging across millions of acres of national forests, undermining bedrock environmental and public health laws. House Natural Resources Committee Chair Bruce Westerman (R-Ark.) and Rep. Scott Peters (D-Calif.) introduced companion legislation that passed the House in January 2025. The Senate version of...
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1. PURPOSE Executive Order (EO) 14225, Immediate Expansion ofAmerican Timber Production (March 1, 2025), highlights the importance of timber production and how forest management and wildfire risk reduction projects can save American lives and communities. The United States has an abundance of timber resources that are more than adequate to meet our domestic timber production needs, but heavy-handed federal policies have prevented full utilization of these resources and made us reliant on foreign producers. It is vital that we reverse these policies and increase domestic timber production to protect our national and economic security. We can manage our forests to...
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By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. The production of timber, lumber, paper, bioenergy, and other wood products (timber production) is critical to our Nation’s well-being. Timber production is essential for crucial human activities like construction and energy production. Furthermore, as recent disasters demonstrate, forest management and wildfire risk reduction projects can save American lives and communities. The United States has an abundance of timber resources that are more than adequate to meet our domestic timber production needs, but heavy-handed...
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By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862) (Trade Expansion Act), it is hereby ordered: Section 1. Policy. The wood products industry, composed of timber, lumber, and their derivative products (such as paper products, furniture, and cabinetry) is a critical manufacturing industry essential to the national security, economic strength, and industrial resilience of the United States. This industry plays a vital role in key downstream civilian industries, including construction. The United States faces...
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By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:Section 1. Purpose. The production of timber, lumber, paper, bioenergy, and other wood products (timber production) is critical to our Nation’s well-being. Timber production is essential for crucial human activities like construction and energy production. Furthermore, as recent disasters demonstrate, forest management and wildfire risk reduction projects can save American lives and communities.The United States has an abundance of timber resources that are more than adequate to meet our domestic timber production needs, but heavy-handed Federal policies...
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President Donald Trump on Saturday signed two executive orders that call for immediately expanding American lumber production and addressing lumber imports' threat to national security. The orders aim to update guidance on production, streamline permitting, and assess possible risks that imports pose to national security. A White House official told Fox News the president identified a crisis in both supply and demand in an industry the U.S. should be entirely self-sufficient in. The executive order notes that the production of timber, lumber, paper, bioenergy, and other wood products is crucial for Americans in construction and energy production. Recent disasters, the...
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The Palisades, Eaton and Hurst wildfires in Southern California have destroyed more than 12,000 structures, raising the likelihood of a spike in demand for lumber in the months and years ahead. The rebuilding process after events such as these “typically drives a significant demand for building materials, particularly lumber, given its foundational role in construction,” said Michael Goodman, director of finance and general counsel at building-materials wholesaler Sherwood Lumber. Demand for construction materials will “undoubtedly rise,” but the pace will depend on the “timeline for insurance assessments, debris removal, permitting and rebuilding efforts,” Goodman said. Historically, it can take several...
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Trees can decline for a number of reasons: insects, disease, soil compaction, winter injury, drought stress, and many other factors.
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CLAYSBURG, Pa. (KDKA) -- A massive fire broke out at a lumber yard in Blair County on Monday night. The fire started at U.S. Lumber, a lumber yard and distribution center in Claysburg, around 20 miles south of Altoona. We're told that everyone got out safely. The cause of the fire is under investigation.
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For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand. Ephesians 6:12-13 (King James Version) It is so incredible when you catch a liberal saying the quiet part out loud. While filming the latest Forestry Board testimony we caught them in a unrehearsed moment, and they admitted the entire song and dance of protecting the forests...
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Today, House Committee on Natural Resources Chairman Bruce Westerman (R-Ark.) and Subcommittee on Oversight and Investigations Chairman Paul Gosar (R-Ariz.) led a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and Director Haoxiang Zhu, seeking information on a proposed rule change to permit the listing of Natural Asset Companies (NACs) on the New York Stock Exchange (NYSE).
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Discover the Untold Stories of Pennsylvania's Logging Legacy | Dive into the Rich History of Logging in the Keystone State! From Steam Power to the Williamsport Boom, explore how this fascinating industry shaped Pennsylvania's past. Join us on a journey through the heart of lumber history and learn about the innovations, challenges, and triumphs that defined it. Don't miss this deep dive into Pennsylvania's Logging History! VISIT OUR WEBSITE! https://www.lumbercapital.com/
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I just went to buy some lumber. The price has come down about 40% in two weeks. Yes, lumber is crashing even though everything else is going through the roof. Demand is starting to evaporate. Buckle up.
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Lumber prices have been halved since the Federal Reserve embarked on its most aggressive interest rate tightening campaign in decades as the pandemic boom in housing slows. Lumber contracts trading on the CME crashed to $653 per thousand board feet, down 51% from a high in late February of $1,336. The decline in wood prices occurred about two weeks before the Fed began hiking interest rates in mid-March. The Fed is expected to continue raising rates this summer. Interest rate probabilities show the Fed could hike by 50bps at three of the next FOMC meetings to suppress consumption and get...
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Chainsaws are an important tool in any homeowner’s tool shed. From trimming trees to clearing fallen branches, there is no quicker way to cut through thick branches or take down a tree. In fact, you won’t get a tool with more power per inch than a chainsaw. But all that power comes responsibility. The chain of the chainsaw moves anywhere from fifty to even eighty miles per hour at full throttle, cutting through the thickest branches with ease. Just imagine what this tool can do to your fingers or toes after a small moment of distraction.
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The spring construction season is about to begin as homeowners face some of the highest lumber prices ever for this time of year. March lumber futures in Chicago closed at $1,270 per 1,000 board ft. in Chicago on Friday, up more than 36% since the beginning of the month due to tighter Canadian supplies ahead of the spring building season. Bloomberg reports the increase in lumber prices comes as Canfor Corporation, the world’s third-largest integrated forest products company based in Vancouver, British Columbia, announced a supply cut of 150 million board feet of production due to mountain pine beetle infestation...
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Looking to build a house? Lumber prices tell you what direction prices are headed.After hitting record highs near $1700 the price of lumber crashed below $500. The respite didn't last long. Lumber closed December at $1127.70. Historically, the normal price would be in the range $250 to $400. That makes lumber about 3 times higher than what builders are used to paying. Builders will pass on these hikes as well as the price of labor and other materials. And land prices are out of sight in many areas. Not InflationEconomists say this isn't inflation. And none of it is in...
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Lumber prices are above $1,000 for the first time since early summer as a hot housing market continues to drive demand. According to Markets Insider, lumber prices are up 127% from its most recent low. With demand high and supplies low, record low interest rates still drive homeowners to the market, so much that builders are struggling to keep up. Note the surge in lumber futures prices back in April and May 2021 that eased. But lumber futures prices are gaining steam again. Let’s see what happens to lumber prices and new home prices if and when The Federal Reserve...
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The U.S. Department of Agriculture announced that it has begun the process of undoing the Trump Administration's policy of allowing more logging in Alaska's rain forest. Secretary Tom Vilsack explained that "we need to keep in step with the President's desire to tamp down the economic activity that contributes to climate change. We can't let the destruction of the energy sector bear the whole weight of the transition to a simpler way of life." Lumber prices have been skyrocketing even with the increased logging allowed under the Trump rules. Choking off this supply will put further upward pressure on industries...
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PORTLAND, Ore. (AP) — Political appointees in the Trump administration relied on faulty science to justify stripping habitat protections for the imperiled northern spotted owl, U.S. wildlife officials said Tuesday as they struck down a rule that would have opened millions of acres of forest in Oregon, Washington and California to potential logging. The U.S. Fish and Wildlife Service reversed a decision made five days before Trump left office to drastically shrink so-called critical habitat for the spotted owl. The small, reclusive bird has been in decline for decades as old-growth forests disappear. The Associated Press obtained details on Tuesday’s...
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