Page 10 - Georgia Forestry - Issue 2 - Spring 2021
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Mass timber buildings have the potential to increase demand for lumber as these buildings become more popular as a replacement for steel buildings, helping fuel demand for large trees.
now. Housing and other demand might take 10 years to work through oversup- ply. With ecosystem services, you sign a contract, and it’s done.
As we begin the next decade, tree- growing profitability will depend on markets — the traditional strong housing and pulp markets, of course, but also the new markets for carbon and other eco- system services. Resumed strong trade with China may be the biggest wild card there is for saw-timber tree growers. New products such as mass timber will help maintain demand. Unfortunately,
the interest in sequestering carbon also has people talking about government tree-planting programs. But we have to be careful that well-meaning politicians don’t burden us with another CRP and its unintended impact on supply 30 years later.
MARSHALL THOMAS IS THE PRESIDENT OF F&W FORESTRY, A PRIVATELY OWNED TIMBERLAND MANAGEMENT COMPANY OPERATING THROUGHOUT THE U.S., SOUTH AMERICA AND EUROPE.
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