Resource Study Methodology

Forest2Market offers two types of resource studies: proprietary studies that address individual client needs and questions, and sydicated studies undertaken by Forest2Market in order to identify, evaluate and quantify industry trends.

Each study uses a combination of the following Forest2Market resources:

  • Forest2Market proprietary price and consumption data
  • Proprietary econometric models and cost curves
  • Consultations with a broad range of industry experts
  • Independent research and analysis

 

 

 

 

 


Forest2Market Resource Study Methodology

Because each resource study project is customized to industry or client specifications, our methods change from study to study. In general, however, we follow a four-step process.

Step One Quantify and forecast supply by starting with USFS Forest Inventory Assessment data and applying well-tested growth and yield models to "grow" the timber supply forward according to project specifications
Step Two Quantify and forecast demand by first determining the number of current facillities using the specified class(es) of wood in the wood basket or supply shed in question.
Step Three Adjust demand projections based on industry trends and an assessment of how those trends will affect demand. We take into consideration an increased demand based on facility expansions and announcements and a decrease in demand because of facility curtailments or closures.
Step Four Conduct a sensitivity analysis, answering client specific questions with a best case, most likely case and a worst case scenario.