Across the Northeast U.S. and much of the country, markets for low-grade wood resources have fallen off dramatically. In this context, “low grade” is used to describe wood feedstocks that have few, if any, higher-value markets. Here in the Northeast, this generally means roundwood chips used for pulp, energy or pellet feedstock, or sawmill residues used for pulp or pellet feedstock and firewood.
The forestry trade press has reported widely on the decline in pulp and biomass energy markets, estimated to have dropped some 4 million tons in just the past few years across northern New England and New York. Some of this decline is cyclical and will return. But most of it reflects a fundamental change in how we use wood, and will not return.