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Wood Matters

Log Market - July

Export log prices continued to recover in July, increasing around $6/JAS m³. On average domestic pruned log prices increased $3/tonne, structural log prices decreased $1/tonne and pulp log prices were flat.

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Forestry and the Emissions Trading Scheme - July

The NZU market did not react to the announcement from Climate Change Minister Hon. Tim Groser that the Intended Nationally Determined Contribution (INDC) target New Zealand will take to Paris is a 30% reduction below 2005 levels by 2030.

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PF Olsen Supports Young Farmer Competition

The 2015 Young Farmer Contest Grand Final was held in Taupo in early July and the Agri-Skills Challenge this year included a "Farm Forestry" section co-ordinated by local members of the NZ Farm Forestry Association.

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Log Market - June

As forecast last month, export log prices turned upward in June after three months of significant falls.

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Clarky's Comment - May, Land Use Change

Land is one of the cornerstones of wealth generation in both New Zealand and Australia. The flexibility to change land use in response to market signals has been historically important in both countries.

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Log Market - May

The downturn in the export log market gained momentum in May with NZ$ at-wharf-gate prices plunging $12-$17/JAS m³ for unpruned grades and pruned dropping on average $10. Domestic pruned was strongly sought after and had an average price gain of $4/tonne.

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