News, Updates and Happenings
Morgan Mellette, MAI, has been busy teaching various classes for the Appraisal Institute. Most recently Mellette taught Valuation of Conservation Easements to the Mississippi Chapter of the Appraisal Institute and taught Forest Valuation for Non-Foresters to the Tennessee Chapter of the Appraisal Institute. Mellette was asked by the Georgia Department of Revenue to teach Forest Valuation to their appraisers in February 2019.
Georgia’s tree planting season is well underway, along with brisk seedling sales by the Georgia Forestry Commission. Buyers have been busy choosing popular hardwood and pine selections, and supplies are beginning to diminish. Genetically improved loblolly and slash pine seedlings remain in stock and available to landowners at attractive price points. For more information visit:
https://gatrees.org/georgia-forestry-commission-says-now-is-the-time-to-order-and-plant-trees/
The U.S. Department of Homeland Security has identified the wood products industry as an essential critical infrastructure workforce in the nation’s response to the coronavirus pandemic.
Article by Carl D. Forth
Photo by Woodgrain
Lumber mills are dialing back production of building materials due to slow down in construction due to the Coronavirus. Typically changes in timber prices lag behind changes in lumber prices.
https://www.wsj.com/articles/lumber-markets-hint-at-housing-slowdown-11585659600
Article by Ryan Dezember
Photo by Luke Sharrett/Bloomberg News
