A Treasury paper seeking feedback on the inclusion of Forestry Rights (FR) as sensitive land requiring approval for foreign investors under the Overseas Information Act has alarmed New Zealand forest owners.
READ MOREThere has been reduced domestic demand in New Zealand for lumber, as there seems to be a cautious approach to 2018. Sales for the unpruned grades in particular are well down on this time last year, but most mills forecast an increase in demand.
READ MOREIn December the Minister for Climate Change James Shaw announced consultation on the Zero Carbon Act will commence in May 2018 with the intention to introduce the bill to parliament by October.
READ MOREScion are inviting participation in their quarterly log price outlook.
READ MORECongratulations to Bruiser Contracting for a job well done
READ MOREDuring January the Company hosted 11 safety breakfast meetings from Northland to Southland with a total of 986 attendees.
READ MOREWelcome to the newest members of the PF Olsen team.
READ MOREAcross New Zealand the plantation forestry sector planted 50,000 hectares of trees in the winter of 2017, with the bulk of these being restocking of harvested forest areas. The new government has a stated ambition of doubling that planting area, on average over the next 10 years. But where will the labour to achieve that come from?
READ MOREAt Wharf Gate (AWG) prices received for export logs increased $3-$4 per JASm3 in December. While there were slight increases in CRF log prices in China, and minor decreases in ocean freight costs, the AWG increases were primarily due to the continued weakening of the NZD relative to the USD.
READ MOREBriefings have been provided to the incoming Minister for Climate Change from both the Ministry for the Environment (domestic) and Ministry of Foreign Affairs and Trade (international).
READ MOREPF Olsen helping inspire young minds to take up study in the sciences.
READ MOREIt’s the end of the year now and organisation for the Safe Start breakfasts in 2018 is well underway.
READ MOREAt the Forest Stewardship Council General Assembly in Vancouver in October, along with the administrative business of FSC, participants were presented with some very interesting presentations. Following are some vignettes from a week of information.
READ MOREEvery year, PF Olsen undertakes a satisfaction survey of its harvesting and forestry management customers to understand what is important to them and measure our performance at meeting these needs.
READ MORETrap.NZ - update to Novembers article
READ MOREWelcome new staff to the team at PF Olsen
READ MOREThe plantation forest sector already plants about 50 million trees a year, mostly in restocking following harvest. If we count these towards the 100 million trees a year the new ambition is for an additional 50 million a year as new planting. That is entirely achievable.
READ MOREThere is no change in the domestic log market with log prices locked in for the fourth quarter and year-end rapidly approaching. There is little change in their export markets with continuing high demand from Australia and Asia for non-clearwood lumber. One mill manager referred to the markets as “same-same”. The weakening NZD has also improved current cashflows.
READ MOREWith the formation of a Labour / NZ First / Greens coalition, we now get a feel for the direction of future climate policy.
READ MOREOn the 7th of November the MV Lucy Oldendorff set sail from Timaru, bound for Tauranga prior to heading off to China to discharge her load of radiata pine.
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