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Lanworth's Analysis of 2010 Forest Cover Confirms a Significant Decrease in the Rate of Forest Clearing in the U.S.


News provided by

Lanworth

Jul 20, 2010, 08:00 ET

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CHICAGO, July 20 /PRNewswire/ -- Lanworth, a natural resource intelligence provider, has updated its forest inventory analysis to reflect recent changes in rates of forest usage in the Southeastern United States. The analysis has confirmed upwards of a 50% reduction in rates of harvested acres in some active forest markets, when compared to an equivalent time span from 2004-2007.

Recent economic changes have decreased the need for lumber in the United States and Lanworth's recent update of forest cover captures the impact of the economic downturn on available forest product.

"Knowing the rate of available forest cover is strategically very important for our clients. Using our data allows clients to reduce their procurement cost by targeting their fiber procurement activities or locating harvest operations at the most optimal location," said Shailu Verma, Lanworth's president, founder. "Many in the industry rely on USFS FIA analysis, which was captured during the rise of the housing market and does not represent current forest age status."

Lanworth's Forest Age Maps have comprehensively and accurately mapped current forest age and allow the user to identify the most profitable target at a time when minimizing costs is essential to running a business. The implications of the rapid rise and fall of the housing market will impact available forest product for the next decade.

"We find the current and accurate information provided by Lanworth to be an important data source for our wood procurement business. We have used Lanworth's data to focus our procurement activities in the ongoing effort to reduce the total delivered cost of wood fiber into our mills," said Jay Watrous, General Operations Leader, Wood Supply, Temple Inland.

About Lanworth

Lanworth (http://Lanworth.com) sets the global standard for natural resource intelligence and is the premier provider of accurate, independent, and timely production intelligence.  Operating out of offices in Itasca, Illinois, and Tuscaloosa, Alabama the integrated team at Lanworth presents independent estimation of the world's most basic resources--food, feed, fuel and fiber. Accurate and timely information of supply risk gives clients a significant advantage in the marketplace, whether they are managing a commodities portfolio or a supply chain. Lanworth provides both subscription reports and custom studies to the agro-forestry sectors.

SOURCE Lanworth

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