Mapping the Course: Timberlands, Forest Products Processing, and Fiber Issues for 2017

Start Date: January 19, 2017
Location: Heathman Lodge, Vancouver, WA

Conference Materials for Attendees (password protected)

7:00     Networking buffet style breakfast

8:30     Welcome

8:35     Wood Raw-Material Price Trends in North America and Beyond – Hakan Ekstrom and Tim Gammell, Wood Resources International

9:00     Wood Fiber Supply Chain Outlook for 2017 Charles Spiggle, Wells Fargo Securities

9:40     2017 Strategic Issues for US Pacific Northwest TimberlandsJohn Davis, Green Diamond California Timberlands

10:15   Break

10:45   The British Columbia Wood Supply Base – Albert Nussbaum, BC Ministry of Forests, Lands and Natural Resource Operations

11:15   BC’s Interior Sawmill Sector: Changing Market Opportunities for Lumber and Residuals Walter Matosevic, Canfor Pulp Ltd

11:45   Lunch

1:00     The Game of Thrones: New Ownership and Opportunities in the PNW Pulp Sector  – Pete Foley, Nippon Dynawave Packaging Co

1:25     The PNW Plywood/ Veneer Sector: 2017 Opportunities and ThreatsTyler Freres, Freres Group

1:50     The PNW Lumber Sector: Balancing 2017 Log Costs, Facility Investments, Demand and Lumber Prices – Todd Payne, Seneca Sawmill Co.

2:20     Break

2:45     North American Log Export Markets in Asia – Tom Leeds, PLS International

3:15     Profitability and Production Cost Trends for the Sawmilling Sector in North AmericaBryan Beck, The Beck Group

3:45     U.S. Forest Industry Supply Chain Capacity and Costs in Logging, Hauling and Forest Management Brooks Mendell, FORISK Consulting

4:15     Adjourn and reception.

About This Event

The workshop will be held at the Heathman Lodge in Vancouver, WA. The Heathman is located at 7801 NE Greenwood Dr. Take SR500 East off I-5 in Vancouver. Exit at NE Thurston Way and go north to NE Parkway DR. Turn left on Parkway and the Lodge is on the left. The Heathman can be viewed at:

Registration Information

The registration fee for 1/19/17 is $525 if received by December 16, 2016 or $675 if received after December 16, 2016. The registration fee includes a book of speaker materials, breakfast, lunch and reception. If registering 3 or more people you are eligible for a group discount of 15% off per person. Please contact Melinda at 503-226-4562 or for the promo code. The registration fee for the optional 1/18/17 workshop is $425 on or before 12/16/16 or $525 after 12/16/16 and includes reference materials and lunch. If registering 3 or more people you are eligible for a group discount of 15% off per person. Please contact Melinda at 503-226-4562 or for the promo code. Checks should be made payable to Western Forestry and Conservation Association. Purchase orders, VISA/MasterCard, and American Express are accepted. Tax id # 930-331-712. Cancellations received on or before 1/6/17 are subject to a 15% service charge. Cancellations after 1/6/17 will be charged the entire registration fee, but substitutions are always welcome.

Lodging Information

Reduced rate lodging is available at the Heathman by calling 888-475-3100 or 360-254-3100 and by mentioning Western Forestry and Conservation.  The rate for a single or double room is $117 plus tax. After December 28, 2016, reduced rate rooms will be subject to availability.

Society of Western Foresters CFE Credits:

CFE credits will be available at the workshop.

Conference Photos

Optional Workshop

Case Studies in Timber Finance and Forest Industry Capital Investment: Strengthen your strategic and investment decision-making skills.

January 18, 2017
Heathman Lodge, Vancouver, WA
Optional workshop, separate registration

What is the Course About?
This course reviews key forest finance, market analysis and strategy tools and applies these to hands-on case studies to reinforce concepts and improve decision making related to forest management, capital budgeting and competitive analysis. The content is ideal for anyone tasked with managing or supporting assets, budgets, forecasts, investments or capital allocation related to timberland or wood-using mills. The case studies include introductory materials along with group exercises and discussion. All materials provided.

Course Outline and Topics

10:00 am – 4:00 pm (5 instruction hours)

  • Core Concepts: Physical Facts and Forest Industry Economics (30 min)
  • Forest Finance (90 min)
    • Case One: Evaluating Silviculture (Forest Management) Investments (ROI)
  • Forest Industry Market Analysis (90 min)
    • Case Two: Risk Analysis and Screening of Forest Industry Mills and Announcements
  • Forest Strategy and Relative Competitiveness (75 min)
    • Case Three: SWOT Analysis and the Ability-to-Pay for Wood
  • Key Messages: Forest Industry Realities (15 min)


This workshop is an optional offering and is not included with the Mapping the Course 1/19/17 registration. The registration fee for the 1/18/17 session is $425 on or before 12/16/16 or $525 after 12/16/16 and includes reference materials and lunch.

About the Instructor and Forisk

Dr. Brooks Mendell leads Forisk’s research program. His experience includes roles in forestry operations with Weyerhaeuser, in forest industry consulting with Accenture, and in academia. He studies wood demand and procurement, forest finance and business strategy. His forestry-related books include “Loving Trees is Not Enough”, “Forest Finance Simplified”, “Wood for Bioenergy” (co-authored with Amanda Lang) and Aunt Fanny Learns Forestry: Managing Timberland as an Investment. Brooks earned B.S. and M.S. degrees at M.I.T., an MBA at UC Berkeley, and a Ph.D. in Forest Finance at the University of Georgia.

Forisk is a timber market research firm that delivers forecasts and analysis of forest industry markets and timberland investments. Firms participate in Forisk’s research program by subscribing to the Forisk Research Quarterly (FRQ). All Forisk researchers have direct forest industry and market analysis experience. This includes work in wood procurement, forest finance, forest operations, and timber market forecasting.

Feedback from Previous WFCA Courses Instructed by Dr. Brooks Mendell

  • Great information presented in a useful way. Very applicable to our industry.
  • Most impressive was Brooks Mendell. He is very good at keeping the attention of the students with interesting illustrations and examples of concepts taught.
  • Flowed well, great job presenting
  • Intelligent, articulate, well-prepared speaker
  • I rank this workshop 5 stars out of 5 stars…!