Treesearch
Hardwood Markets in 2020 and Beyond
| Authors: | Brian Brashaw, Troy Brown, Judd Johnson, Robert J. Ross, Charles Becker |
| Year: | 2023 |
| Type: | Proceedings - Paper |
| Station: | Forest Products Laboratory |
| DOI: | https://doi.org/10.2737/NRS-GTR-P-211-paper31 |
| Source: | In: Kern, Christel C.; Dickinson, Yvette L., eds. Proceedings of the first biennial Northern Hardwood Conference 2021: Bridging science and management for the future. Gen. Tech. Rep. NRS-P-211. Madison, WI: U.S. Department of Agriculture, Forest Service, Northern Research Station: 157–159. |
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Abstract
United States hardwood production and markets have seen a number of ups and downs over the last 20 years since peak production in the late 1990s, followed by historic lows during the "Great Recession" in 2009 and a slowly recovering industry since. During this time, we have seen the loss of domestic furniture and cabinet markets, increases in forest product export markets, trade disputes, reduced grade-lumber, and increased industrial wood demand, and most recently the COVID-19 crisis. With this backdrop, presenters from forest industry, wood market pricing services, and wood products research discuss present and future outlook for hardwood markets.