Sat, Feb 13, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Now is a good time to invest in timber as long term outlook is strong

Thursday, March 28, 2013

Benedicte Gravrand, Opalesque Geneva:

Dr. Jacek Siry recently spoke to Sona Blessing on Opalesque Radio about how to optimise returns on timber investment given the imminent supply side shock posed by Canadian timberland. He serves as Associate Professor of Forest Economics at the University of Georgia’s Warnell School of Forestry and Natural Resources.

"Canada has had for many years a very prominent role in wood supply in the global market," Dr. Siry told Opalesque Radio. The country currently harvests around 100,000 million cubic meters a year, and the prices are not always cheap due to deliveries being done from far-away regions. Conifer fibre prices in the U.S are the cheapest at below $75 per dry metric tonne, whereas in Canada, it is around $100, he added. However, Canadian prices are still competitive compared to other regions.

But Canada is struggling with the mountain pine beetle. "They’re trying to salvage as much wood as possible," he said. He thinks the situation will resolve itself in the next few years but that output from Canada will decline, and "this will exert output pressure on timberland prices."

As the WSJ reported last October, the tiny mountain pine beetle, a tree-killing insect, has been the cause of huge problems for lumber producers in the U.S. and C......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  2. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  3. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  4. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  5. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi