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Latest timber industry news, updated on Monday, Wednesday and Friday.

Deere forestry sees 100% rise in revenue

In the fiscal third quarter, Deere’s (DE) Construction & Forestry segment reported revenue of US$3 billion, a 100% rise compared with fiscal Q3 2017 when it reported revenue of US$1.5 billion. The quarter saw the segment’s highest second-quarter revenue. Source: The Market Realist
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SibWoodExpo Russia

In just a few weeks, SibWoodExpo will be opening its gates at the SibExpo Centre in the city of Irkutsk, Russia. Source: Timberbiz This year marks the first time that the trade fair will be co-organized by Deutsche Messe AG’s Russian subsidiary, Deutsche Messe RUS, and Sibexpoce
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Bellinger motion from Labor to suspend logging

At its August meeting, the Bellinger River Branch of Labor passed a motion calling on the NSW Government to immediately suspend logging operations in Bellinger Shire and to conduct four expert independent inquiries into the local forestry industry. Source: the Bellinger Shire Courier-
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Bill to harvest dead trees on conservation land

New Zealand Regional Economic Development Minister Shane Jones will encourage his New Zealand First caucus colleagues to support a proposed local bill that would allow the harvesting of fallen timber on West Coast conservation land. Source: New Zealand Herald West Coast MP and Labour
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Aussie designers rise to the challenge

The American Hardwood Export Council (AHEC) and eight of Australia’s most highly regarded designers collaborated to reimagine their works in American tulipwood. Source: Timberbiz Anne-Claire Petre, Adam Goodrum, Adam Markowitz, Coco Reynolds, Dowel Jones, Jon Goulder, Ross Gardam and
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Top 5: Market Points from IndustryEdge

Every month, IndustryEdge publishes Wood Market Edge, Australia’s only forestry and wood products market and trade analysis, and supplies its customers with hundreds of unique data products, advisory and consulting services. 698,099 m3 – Imports of Dressed Sawn Softwood (most of which
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NZ government doubles funding for tree planting

The New Zealand government is doubling to nearly NZ$500 million the funding for forestry planting from its Provincial Growth Fund, meaning one-sixth of the $3 billion, three-year fund will be spent on trees. Source: Scoop Media Regional Development Minister Shane Jones announced the b
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Nominations for Richard Stanton Memorial Award

  Responsible Wood is calling for nominations in this year’s coveted Richard Stanton Memorial Award for Excellence in Forest Management. Source: Timberbiz This is the fourth year of the award which pays tribute to a man who devoted his life to sustainable forest management. Richa
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