Forest Products Industry
HELOC and home equity loan rates today, Friday, July 24, 2026: Have they improved?
Best high-yield savings interest rates today, Friday, July 24, 2026: Earn up to 4.10% APY
HELOC and home equity loan rates today, Thursday, July 23, 2026: Are they worth it?
Best high-yield savings interest rates today, Thursday, July 23, 2026: Earn up to 4.10% APY
Best high-yield savings interest rates today, Wednesday, July 22, 2026: Earn up to 4.10% APY
HELOC and home equity loan rates today, Wednesday, July 22, 2026: Rates are moving
Best high-yield savings interest rates today, Wednesday, July 22, 2026: Earn up to 4.15% APY
HELOC and home equity loan rates today, Tuesday, July 21, 2026: Rates are moving
Best high-yield savings interest rates today, Tuesday, July 21, 2026: Earn up to 4.15% APY
Best CD rates today, Monday, July 20, 2026: Lock in up to 4.20% APY
Best CD rates today, Monday, July 20, 2026: Lock in up to 4.10% APY
HELOC and home equity loan rates today, Monday, July 20, 2026: Rates are incredibly close
A lawyer took 10 years off to care for her autistic daughter — then got an interview in hours. Here's how she did it
Mortgage and refinance rates today, Monday, July 20, 2026: Purchase rates move higher than refi rates
Best high-yield savings interest rates today, Monday, July 20, 2026: Earn up to 4.10% APY
Italy’s General Assembly of Italian Forests
In June 2026, FSC Italy hosted the inaugural General Assembly of Italian Forests at the Presidential Estate in Castelporziano. Forest managers, owners, national and local institutions, NGOs, and other stakeholders gathered to discuss the future of responsible forest management. Source: Timberbiz The impacts of climate change have revealed the interconnectedness of people and places, with far-reaching consequences spreading through social and natural networks. That same interconnectedness applies to preparing for and responding to climate change, especially when it comes to the governance, ownership, and sustainable management of forests worldwide. Safeguarding our forests requires effective coordination among multiple interconnected stakeholders. This spirit of unity was a guiding principle for the General Assembly of Italian Forests, a new regular event organized by FSC Italy. The event took place in the symbolic setting of the Castelporziano Presidential Estate – one of the most significant forest areas in the Lazio region and coincided with both World Environment Day and the 25th anniversary of FSC Italy’s foundation. The Castelporziano Presidential Estate achieved FSC certification in 2025. Giulia Bonella, Director of the estate, was proud to host the meeting. “Accepting FSC Italy’s proposal to host the General Assembly of Italian Forests during World Environment Day consolidates a shared path and encourages us to build a long-term vision together,” she said. Italy is home to 11 million hectares of forests, about 27% of the country’s land area. The area has grown steadily since the end of World War II, primarily as a result of depopulation and subsequent abandonment of inland rural areas. Currently, only about 10% of forests are managed according to strict environmental, social, and economic sustainability criteria. The theme of this inaugural Assembly was Managing Complexity, chosen to address the contemporary challenges of handling increasing pressures on vulnerable forest ecosystems while building the resilience of local communities through a shared vision. Official institutional sessions, where representatives from the Ministry of Agriculture, Food Sovereignty and Forests and national NGOs like WWF shared their visions for future woodlands, were interspersed with community-driven moments. For example, during the Stories from the Woods session, nine FSC-certified forest managers and owners presented their management models and offered practical insights from their firsthand experiences. This first edition of our General Assembly of Italian Forests represents a turning point for certified forest management in Italy,” Maria Rita Gallozzi, President of FSC Italy said. She described the event as both a marker of FSC’s 25 years in the country and an opportunity to plan ahead amid what she called the “climatic, social, economic and political complexities” facing Italian forestry. During the event, FSC Italy signed an agreement with the Italian Federation of Parks and Nature Reserves (Federparchi) to establish a working relationship between forest certification bodies and protected natural areas. The Assembly offered an example of how to convene a fragmented sector around a shared table, bringing together institutional reach and grassroots participation. She described the event as both a marker of FSC’s 25 years in the country and an opportunity to plan ahead amid what she called the “climatic, social, economic and political complexities” facing Italian forestry. During the event, FSC Italy signed an agreement with the Italian Federation of Parks and Nature Reserves (Federparchi) to establish a working relationship between forest certification bodies and protected natural areas. The Assembly offered an example of how to convene a fragmented sector around a shared table, bringing together institutional reach and grassroots participation.
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El Niño is here and it could be super Niño
The long-anticipated El Niño is here, and already it’s living up to the hype. In the spring, climate scientists had forecasted an El Niño to develop in the central Pacific region. Source: CBC As the months progressed, more and more of the models forecasted a particularly strong or “super” El Niño, as some people like to call it. But scientists also warned that it was too early to know for sure. In its monthly update in June, the U.S. National Oceanic and Atmospheric Administration (NOAA), issued an El Niño advisory, confirming that the warmer conditions had developed in the specific part of the Pacific Ocean known as Niño 3.4. In order to be considered an El Niño, temperatures in that zone need to be 0.5 C above the average. Ocean temperatures are now close to 2C above average. And we’re not even close to the peak yet. This is the warmest on record that region has ever been at this time of year. “In the sort of traditional Nino 3.4 region, we’re a bit above 2 C, which is generally seen as the threshold for a very strong or, some people don’t like this term, but a super El Niño,” said Zeke Hausfather, a climate scientist with Berkeley Earth, a non-profit climate analysis organization. “So, effectively, we’re already touching a very strong El Niño conditions, and it’s early July still.” El Niño and La Niña are part of a larger, natural cyclical cycle called the El Niño Southern Oscillation (ENSO), which occurs in a specific part of the Pacific Ocean. La Niña brings cooler temperatures in that region while El Niño brings warmer temperatures. Hausfather said some forecasts currently expect the peak of the El Niño to occur in October, though the bulk of available models suggest it’s more likely it will peak in November or December. “So, we have a long way to go. We’re already brushing super El Niño territory, and we may well be in uncharted waters later this year,” he said. The strongest El Niño in recent years was the one in 2015-2016, where the ocean temperature anomaly was roughly 2.75 C. It’s believed that there was a comparable one in 1877-1878. Nat Johnson, a meteorologist at NOAA’s geophysical fluid dynamics laboratory, said the transition from a La Niña to El Niño has been very quick. “We were in a La Niña last winter, which was cooler than average conditions in the eastern equatorial Pacific. And now if we have a very strong El Niño forecast. That’s a very rapid change over the course of one year,” he said. “So why are we seeing such a big change this year? I think it’s still an open question.” Hausfather said that, when models first showed the potential of an El Niño being as strong as 4C above average, he thought that they couldn’t be right. But now, months later, it does seem to be a greater possibility. “The very fact that models right now are predicting a peak of around 3.6 C when the strongest El Niño in history, including arguably the one in the late 1800s, was only 2.75 C, is kind of mind boggling.” Could this be due to climate change? Johnson said that, while there have been fewer neutral years in the Niño 3.4 region, and there have been bigger swings between El Niños and La Niñas, it’s not clear if or how climate change could be playing a role. “It’s still a topic that I think we haven’t quite reached scientific consensus yet.” One impact that concerns Hausfather, particularly in light of ongoing geopolitical issues, is food security in tropical regions — which are expected to be affected by drought in coming months.
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Wildfires in Canada fire up Trump
Thunderstorms in the north-eastern United States are forecast to clear air choked with smoke from wildfires just in time for the World Cup final, as President Donald Trump threatened Canada with new tariffs to pay for the pollution. Source: The Sydney Morning Herald Nearly 1000 fires are burning across Canada, and winds have carried the smoke south of the US border, prompting air quality alerts and health warnings in parts of the United States and complaints from Trump and other US politicians about its northern neighbour. However, fires are also raging in the US with the National Interagency Fire Centre reporting 73 large blazes across 12 states, from Minnesota in the Midwest to Oregon and Washington in the Pacific Northwest. The Canadian federal Natural Resources Department said there were 69 new fires across the country, raising the total to 955. In Ontario, Canada’s most populous province, nearly 200 wildfires have already scorched 1.7 million hectares of forest, while 10 communities have been evacuated, and 300 people have been rescued from campsites in 40 operations. There are also fires in Nova Scotia, while in British Columbia thousands of lightning strikes increased the number of active fires from 20 in the middle of last week to about 100 now. On Saturday morning (AEST) Trump threatened Canada with additional tariffs to pay for the “incalculable cost” of dealing with wildfire smoke pollution, which he said was becoming a yearly occurrence and costing the United States billions of dollars. “We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable!” Trump wrote in a Truth Social post. Canada is home to some of the world’s largest forests, and major fires have become a regular occurrence in summer. Climate experts say rising temperatures have led to drier timber and increased fire risk, while this year’s strong El Nino is sending summer temperatures skyrocketing across the northern hemisphere. Last week Canadian Prime Minister Mark Carney addressed the topic of criticism by US officials, saying that climate change was the responsibility of everyone, including the US. After Trump’s post, Ontario Premier Doug Ford said US criticism of Canadian efforts to stop the fires was “absolutely unacceptable.” If Trump wanted Canada to clear its forests, he should drop US tariffs on softwood lumber, Ford said. “We’re trying to get through this,” Ford said. If the situation were reversed and the US were facing wildfires, “we’re going to be down there to support our neighbours”, he added. Trump then reposted Tim Sheehy, the junior senator from Montana, saying that the “send help” message was “extremely dishonest framing” by the Canadians. Trump’s repost came with an endorsement that Sheehy was “GREAT. A Winner!!!” . Sheehy, who said he was a former waterbomber pilot who used to lead an aerial firefighting fleet, said: “The Canadian government routinely blocks US firefighting companies from attacking fires in Canada, while aggressively sending their government-subsidised aircraft to the US to earn commercial rates from the US government. It’s big business for them and they run it like a Chinese protectionist racket.” At MetLife Stadium in New Jersey, site of the World Cup final at 3pm Sunday (5am Monday AEST), which Trump is expected to attend, the sky was the same thick, soupy grey it has been for days, even after a drenching thunderstorm prompted warnings of flash flooding and forced the Spanish national team to suspend its last outdoor training session. Tyler Roys, a senior meteorologist at AccuWeather, said a storm front the day before the match will largely move the smoke out of the Northeast before the final between Spain and Argentina. “There could be some lingering smoke that would make things hazy, but very faint,” Roys said. “In terms of the thickest smoke, the smoke that has really been eye-popping and leads to poor air quality, that is not expected across New York City or much of the Northeast.” WFLA-TV Chief Meteorologist and Climate Specialist Jeff Berardelli, in Tampa, Florida, said the storm front would “sweep the atmosphere clean,” leaving only a thin smoke that World Cup spectators may still smell in the air. Tyler Roys, a senior meteorologist at AccuWeather, said a storm front the day before the match will largely move the smoke out of the Northeast before the final between Spain and Argentina. “There could be some lingering smoke that would make things hazy, but very faint,” Roys said. “In terms of the thickest smoke, the smoke that has really been eye-popping and leads to poor air quality, that is not expected across New York City or much of the Northeast.” WFLA-TV Chief Meteorologist and Climate Specialist Jeff Berardelli, in Tampa, Florida, said the storm front would “sweep the atmosphere clean,” leaving only a thin smoke that World Cup spectators may still smell in the air.
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HQPlantations put fewer log trucks on public roads
HQPlantations will begin using road trains within the Tuan–Toolara Plantation Forest from June 2026 to improve log transport efficiency and reduce the number of haulage vehicles traveling on local public roads. Source: Timberbiz The longer and heavier road trains will only operate on plantation roads, transporting larger loads of logs to the Hyne sawmill at Tuan near Maryborough. The benefits of using road trains include: fewer haulage vehicles on public roads reduced fuel use and emissions per tonne overall improved environmental performance higher log volume per trip to Hyne Timber Mill. HQPlantations is reminding all motorists, recreational users and visitors to the Tuan–Toolara Plantation Forest to remain vigilant, drive to conditions and share the road safely.
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New home contracts face cancellation
The ban on SMSFs building new homes undermines the governments’ objective of building 1.2 million homes and improving housing affordability according to Tim Reardon, HIA’s Chief Economist. Source: Timberbiz The Housing Industry Association (HIA) has called on Treasury to publicly assess the impact of the Government’s new Self-Managed Superannuation Fund (SMSF) borrowing restrictions on housing supply, following the passage of the legislation through Parliament. “The Government has made increasing housing supply its central housing policy objective. “The question now is whether this SMSF legislation advances that objective or makes it more difficult to achieve. The legislation was passed without a cost/benefit analysis or any publicly available data on how significant the reduction in new home supply would be, as a result of this change. HIA has today released the results of a survey of Australia’s largest detached home builders, representing more than 40 per cent of national detached housing construction. The survey found: builders currently have 3,613 signed contracts with purchasers using SMSF Limited Recourse Borrowing Arrangements that have not yet commenced construction, builders estimate 2,415 of those contracts, or 66.9%, are likely to be cancelled once the legislation comes into effect, more than 70% reported investor enquiries have already declined since the Federal Budget, almost 90% expect detached housing commencements to decline during 2026 and 2027. Mr Reardon said the survey provided the first direct evidence from builders of how the legislation is expected to affect housing supply. “These are not hypothetical future investments,” he said. “They are signed contracts to build homes that builders had expected to construct in the next year. Mr Reardon said the findings reinforce an important distinction that is often overlooked in housing policy. “SMSFs do not live in homes. They do not create demand for housing. They do provide capital that finances the construction of new housing. “Restricting one source of investment does not reduce the number of Australians needing somewhere to live.” HIA estimates the combined impact of contract cancellations and weaker future sales is likely to reduce detached housing commencements by between 3.5 and 5 per cent, while reducing GST and stamp duty revenue to state governments by more than $450 million. Mr Reardon said these estimates relate only to detached housing. “The survey does not include financing of apartment construction, where investor participation is typically higher and pre-sales are often required before projects can obtain construction finance,” Mr Reardon said. “The total impact on housing supply may therefore be greater than these estimates suggest. “Treasury had appropriately modelled the housing supply impacts of the changes to negative gearing and capital gains tax announced in the Federal Budget. “It is now appropriate that the same analytical framework be applied to the SMSF borrowing restrictions. “Treasury should publish a housing supply impact assessment and cost-benefit analysis consistent with the analysis undertaken for the changes to negative gearing and capital gains tax. “That assessment should quantify the expected impacts on detached housing, apartment construction, housing affordability and government revenue. “The issue extends well beyond superannuation policy. This is ultimately about how housing policy is evaluated.” “If increasing housing supply remains the Government’s objective, then every major housing policy should be assessed against one simple question. “Will it increase or reduce the future supply of homes? “The next step is to transparently measure its outcomes and release that evidence prior to the next election.”
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