Month: February 2022

Russia’s invasion of Ukraine is likely to impact global trade in the coming months. Increased sanctions against trading with Russia and difficulty with financial transactions will probably interrupt and re-direct shipments of forest products throughout the world. As a result, trade with Russia will likely decline, impacting long-established international trade flows of forest products. Countries
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Peatland forest in Parupuk village, Katingan, Central Kalimantan, Indonesia. Photo by Nanang Sujana/CIFOR CIFOR/Nanang Sujana Related stories Research shows that healthy forests and landscapes are not only essential for the long-term welfare of the planet, but for the health of humanity. This is because their contribution to the myriad ecosystem goods and services they provide
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pixelprof/E+ via Getty Images Lumber futures rose to their highest in a month as two top Canadian producers curtailed output and transportation snags disrupt shipments to customers, Bloomberg reports. March lumber futures (LB1:COM) rose by the exchange limit of US$45 on Wednesday to $1,336 per $1,000 board ft. in Chicago before trimming gains; futures already
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The Oregon legislature is currently considering, as part of its February 2022 session, three bills that form a comprehensive set of changes to the Oregon Forest Practices Act (Senate Bill 1501), create a small forestland owner tax credit (Senate Bill 1502), and update the forest harvest tax (House Bill 4055). The bills stem from negotiations
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Georgia Tech hosted director of the National Institute of Food and Agriculture (NIFA) In January, Georgia Tech hosted Carrie Castille, director of the National Institute of Food and Agriculture (NIFA), on campus to show Georgia Tech’s impact on food processing, agricultural, and forestry research. NIFA, which operates within the U.S. Department of Agriculture, was created in
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The US South’s softwood industry has enormous potential for a variety of reasons. The region has a significant forest resource with room for expansion, low and stable wood costs, and a thriving lumber and pellet manufacturing sector. The local forest industry is set to grow in the coming years and play a more prominent role
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BANGOR, Maine (WABI) – The Maine State Legislature Committee for Agriculture, Conservation and Forestry held a public hearing on a bill that would provide assistance to areas in Maine severely impacted by browntail moths. LD 1929 would provide funding for municipalities and nonprofits to eliminate the invasive species. The moths are harmful to both humans
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