• How Might We Establish Carbon Discount Rates for New Zealand Investments

    1st May 2024

    Forestry carbon investments have developed to become an important facet of the forestry landscape in New Zealand as investors have sought to jump on the bandwagon to decarbonise. For many investors it is an economic play where they are seeking to make economic profits as well as potentially offsetting carbon liabilities elsewhere.

  • Changes in NZ Forest Ownership Based on Overseas Investment Office Data

    1st May 2024

    In the period January 2019 to April 2024, the New Zealand Overseas Investment Office (OIO) approved 228 sales of either forests or farmland bought with the purpose of converting to forestry. During this time only nine applications were rejected with seven of these occurring in 2023. In total, these sales equal an area of 259 000 hectares.

  • Australian Softwood Residual Log Price Index – December 2023

    26th April 2024

    Margules Groome’s Australian Softwood Residual Log Price Index measures domestic softwood plantation residual log prices (excluding exports). The index measures the residual log value to the forest owner once harvest and haulage costs are subtracted from mill door log prices. It measures the forest owner’s log margins, or the spread between log prices and logistics (delivery) costs. It should be noted that there is no time lag between the indices, as shown.

  • Australian Harvest & Haul Index – December 2023

    26th April 2024

    Margules Groome’s quarterly harvest and haulage cost index for Australian plantation operations is based on price indexation mechanisms used by the industry, weighted by volume harvested (Figure 1). The previous index for September 2023 marked the end of the harvest and haulage cost indices’ downward trend, which was evident in the first half of 2023. The index fell slightly in the December quarter, driven by lower fuel prices.