How local markets shape silvicultural decisions in the field
Keywords:northern hardwoods, silviculture, supply, demand, product markets
There are many factors that affect the ability of Silviculturists to manage Northern Hardwoods including forest composition, topography, soils, and weather, but local and regional forest product markets also play a critical role in the decision-making process.
The topic of this presentation is to better understand how local sawlog, bolt and pulp markets shape future stand composition and forest management outcomes. In the last two years, we have seen extreme supply/demand volatility for each of these product classes. This presentation will attempt to address how recent market forces and volatility affects forestry decision making in the field today along with long-term future implications and business economics.