Double Helix Tracking Technologies Uses DNA to Track Timber, Fight ...

Double Helix Tracking Technologies Uses DNA to Track Timber, Fight ...: "By some estimates, up to 30 percent of the hardwood lumber and plywood traded globally could be of suspicious origin. Third-party certification (from the Forest Stewardship Council ,e.g.) and legality verification programs are in place, ..."

Is the lumber market turning up?

Yesterday during an episode of "Power Lunch" on MSNBC it was noted that the 5 year decline in lumber futures had reached what was determined to be the "bottom" and was going back up slightly. You have to realize that these characterizations are a matter of perspective based on where you are in time but still, it could represent the beginning of a change for structural lumber. It should also be noted that of the 5 panelists there, two had never even looked at lumber futures and seemed to think they were being pranked just talking about it.

See this story: http://www.internationalforestindustries.com/2009/11/19/updated-softwood-lumber-market-outlook-for-the-us/

It should be noted that housing starts declined about 10% for the month of October but there may be good reason to believe that everyone was waiting on Congress to see if they were going to extend the benefits on tax credits for housing.

What are your impressions?

Additions and improvements

Recently I have included a Google Gadget in the form of a "button" along the right side of the blog that will allow you to call me at no expense to you. This is part of "Google Voice" and is a very interesting part of the package. If you have a chance to get a Google Voice account I would recommend that you do so. I use the product every day and it works well. A disclaimer here: I have not been asked to review this product for Google but may well receive some commissions for ads placed on my blog some time in the future. Any connection is pure happenstance.

In addition, late this week I will have a new feature, a link off of the blog here to my special stock list for Superior Hardwoods. There is also a link at the top of my links section that will present you with a form that you can fill out that will allow me to send stock lists, special offers, etc., directly to you whenever other information is sent out. Just in case you missed it I will include that link for you here. It is: http://ow.ly/Cv33 Please be assured that any information shared is for our internal use only and will not be sold to or shared with others.

Until next time