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MARKET WATCH

Collaborative Forest2Market Project Identifies New Species of Pine on April 1: pinus antennae

Posted by Hannah Jefferies on April 1, 2016

Foresters at Forest2Market, Inc. recently identified a new tree species in Charlotte, North Carolina, USA. Towering roughly 175 feet off the ground, pinus antennae is believed to have descended from a mix of lodgepole pine and Eastern white pine.

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Daniel Stuber (M.F.R., Forest Resources), Vice President of Analytical Services at Forest2Market, was excited to announce this discovery. “Having been at Forest2Market almost since the very beginning, I can tell you that this is a first for the company. I’ve worn many hats over the years, but managing this tree identification project has been my favorite, and getting to see all of our Operations team collaborate on something so unique has been really fulfilling,” he said.

Javon Carter (M.S., Forest Biomaterials), a Timber and Fiber Market Analyst who has been with the company for nearly five year, was similarly enthused. “As analysts, Hannah and I spend most of our time working with data and writing reports for our customers. It’s a nice change of pace to be able to get back to the woods, even if this particular forest is so close to the hustle and bustle of city life,” he said.

Mike Fiery (M.S., Forest Biometrics), Data Services Manager and Forest2Market employee for over eight years, could barely contain his excitement. “I think it’s really great. I can’t wait to see whether we see any price fluctuations in our benchmarks as a result of this new species. Everyone on my team (Melissa, Amanda and Gabe) is ready and willing to take on this new challenge,” he said.

Jay Engle (B.S., Wood Industries), Director of Subscription Services, was looking forward to observing the impacts on solid wood manufacturing and Forest2Market’s Mill2Market lumber price benchmark. “When you’re working with sawmills, it’s impossible to get bored. There’s something new every day,” he said.

Joe Clark (M.S., Forestry/Tree Physiology), Stumpage Forester, was interested to see whether the species would begin cropping up in other locations around the South. “This could have interesting implications for our stumpage pricing service if the species spreads across the South. Pete Coutu [Director of North America Sales] and I are always looking for ways to add value for our customers. This could be just the thing,” he said.

Joe’s comments were echoed by Pete Stewart (M.S., Forest Economics), CEO/President. “Since launching Forest2Market in 2001, our mission has always been to help our customers make exponentially better decisions through the strategic application of industry expertise and unique datasets,” he said.

“Since the introduction of our stumpage pricing service in 2001, we have continued to expand our service offerings to include stumpage price forecasts (4Cast) and Timber Owner Market Guides (TOMG); delivered raw material cost benchmarks for the U.S. South, U.S. Pacific Northwest/Southwest Canada, U.S. Midwest and U.S. Northeast; custom analytical services for bioenergy, biofuels, biochemical and traditional forest product companies; and weekly lumber price benchmarks in the U.S. South. We’ve recently launched a delivered cost benchmark in Brazil and will soon be offering that service in Scandinavia and the Baltic Rim as well. It is truly an exciting time at Forest2Market, and this is just one example of the ways Forest2Market will continue to evolve to meet our customers’ needs,” said Stewart.

 

Topics: forest industry news

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