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The forest industry is a cornerstone to the State's economy.  Pine County is one of several tax forfeit public land managers that offers significant opportunity to the industry.  Timber sales and responsible land management create jobs and help the local economy!!

• The forest products industry is the 4th largest manufacturing sector in the State
• 89,500 jobs total employment effect
• 10% of all state manufacturing shipments
• $530 million total state and local  tax payments
• 8th ranked nationally in forest industry value added per capita

To learn about the MN DNR Division of Forestry, please go to their Home Page, or their Utilization and Marketing Program, or their newsletter (The Market Place) for more information. Or to learn more about our State's Forest Industry, MN Forest Industries.

Headlines from March 31, 2014 Wood Markets Monthly:

Cover: Economic impact of Minn. forest products industry
General Interest – p2
•Minneapolis removing 40,000 ash trees
•Gypsy moth quarantine coming to Minn.
•Ohio Dept. of Ag. to spend $1.8 million on gypsy moth control
•Supreme Court ruling may derail rails-to-trails
•Mich. DNR offers emergency firewood permits
•USDA steps up funding tall wood building
•House examines cost of ESA lawsuits
Economy & Housing – p4
•Real GDP grew 1.9% in 2013
•U.S. monthly avg. trade deficit $37.7 billion
•Fed again cuts stimulus by $10 billion/mth
•Feb. building permits up 7%, starts down 6.4%
•Feb. existing home sales down 7.1% y/y
Finance & Management – p6
•CatchMark to pay $74 million for 36,340 acres Hancock timberland
•Verso posts 2013 loss $111.2 million
•Chinese backed Woodland pulp adding 2 tissue PMs and 80 jobs in Maine
•Fortress Q4 DP segment EBITDA loss $10.8 million on Chinese DP duties
•Ainsworth reports Q4 loss $10.6 million
Production & Prices – p7
•U.S. 2013 lumber prod. totaled 30bbf, up 6.1% y/y
•Top 10 NA lumber producers shipped 22.1 bbf
•February framing lumber prices down 10% y/y
•Brazilian BEK pulp exports jump 51% /y/y
•Food service papers demand increasing 1.4%/yr
•Domtar, IP, Boise drive UFS price hikes
•Domestic UFS shipments down 8.4%, Jan. imports up 18% led by Brazil / Central America
Bio-Markets – p9
•Obama’s budget proposal reinstates biofuel tax credits, cuts oil subsidies
•KiOR reports 2013 net loss $347 million, potential bankruptcy if…
Wood Statistics Monthly – p10
•March NBHK up 14.2% y/y
•March NC OSB 7/16 sheathing down 50% y/y