Sunday edition
October 25, 2026
CANADA — ONTARIO / PROJECT ANNOUNCEMENT
Chapleau heat venture plans a new market for sawmill residues
Chapleau Cree First Nation and Commercial Bioenergy have formed Chapleau District Heating Company Inc. The venture plans a 3-megawatt thermal plant using residual wood from GreenFirst’s Chapleau sawmill to heat institutional buildings in the northern Ontario community.
The announcement, dated October 21 and posted October 23, describes a for-profit utility that would sell heat by the kilowatt-hour. Its proposed district system would connect local wood supply with buildings now heated by fossil fuels.
The partners intend to own and operate the plant and explore further projects in Chapleau Cree First Nation and the neighbouring township. The release provides no construction budget, heat tariff, commissioning date or quantified savings. This is a planned customer for sawmill residues, rather than an operating plant or an announced procurement contract.
Original joint-venture announcement, published by the local MPP →
By the Numbers
Latest available observations checked October 25. Reporting dates distinguish weekly releases and Friday’s close from Sunday prices.
U.S. on-highway diesel
US$6.276/gal for , versus US$6.179/gal for : up US$0.097/gal (+1.57%). Latest weekly observation, released October 20. EIA series EMD_EPD2D_PTE_NUS_DPG → Current EIA release →
Lumber futures — November 2026 contract
US$518.50/MBF at the close, versus US$532.50/MBF at the close: down US$14.00/MBF (−2.63%). Both observations are for the November contract. Investing.com historical closes → Named-contract identification →
Madison’s Lumber Prices Index
US$495/MBF for the week ending , versus US$499/MBF for the week ending : down US$4/MBF (−0.80%, calculated from the displayed values). Madison’s dated index report →
Trade & Markets
U.S. / CANADA — OCTOBER 30 EFFECTIVE DATE
Selected plywood and paper imports leave one Canadian tariff list
An October 23 presidential proclamation removes specified Canadian products from the additional 50% duty under Section 338 of the Tariff Act. The White House identifies plywood sheets, some paper products and certain packing crates and boxes among the removals.
The changes apply to goods entered for consumption, or withdrawn from warehouse for consumption, from 12:01 a.m. Eastern on October 30. Other products are being added to the list at the same time.
Coverage is defined by the proclamation’s annexes and tariff classifications. This is a change to the Section 338 product list, not a blanket cancellation of duties on Canadian wood products. The proclamation separately states that its duties apply in addition to Section 232 duties. General product descriptions do not establish the treatment of every plywood or paper shipment.
White House product summary → Signed proclamation, effective time and linked annexes →
Action Detector
MIDWEST — MINNESOTA / BIDS DUE NOVEMBER 2
Minnetrista forest contract puts stoppage costs in the bid
Minnesota Land Trust seeks quotes for 44.8 acres of forest enhancement near Minnetrista. Work across four treatment areas combines targeted woody and herbaceous vegetation control with native seeding. Bids go to Leah Hall at lhall@mnland.org by November 2 at 5 p.m.; the RFQ does not specify a time zone.
The work window runs December 1, 2026–May 31, 2027, with heavy-equipment operations dependent on frozen ground. Unit prices must include all costs; the RFQ provides no additional payment for stoppages or remobilization.
Requirements include prevailing wages, certified payroll, at least US$2 million in liability coverage and applicable pesticide credentials. Payment follows inspection, acceptance and a complete itemized invoice with required payroll documentation. No contract budget is published. The September site-visit date in the listing has passed; the November quote deadline remains current.
Land Trust’s current procurement listing → Full Gillette Forest Enhancement RFQ →
SOUTH — TENNESSEE / NOVEMBER 5 BID OPENING
White Oak offers eight timber tracts at one bid opening
The Tennessee Wildlife Resources Agency currently lists White Oak Wildlife Management Area sale 13AW-0926-1: 735,627 board feet, Doyle scale, across 288 acres in eight tracts. The advertised bid opening is November 5 at 10:30 a.m. Central Standard Time.
The official invitation identifies 355 Menzies Road, Dyersburg, Tennessee 38024, as the sealed-bid receiving address. The invitation governs submission requirements and the sale terms. These are advertised volumes and acreage, not an awarded price or guaranteed mill recovery.
Agency’s current timber-sale listing → Official White Oak invitation to bid →
Under the Radar
UNDER THE RADAR — END-MARKET FORECAST / OCTOBER 23
Forisk’s housing outlook points to fewer starts in 2027
Forisk’s October 23 composite outlook projects 1.35 million U.S. housing starts in 2026 and 1.32 million in 2027, declines of 0.7% and 2%, respectively. The new 2027 estimate is 36,000 starts below its previous quarterly forecast.
The outlook combines independent professional forecasts rather than surveying lumber orders. Only three of the eleven forecasts in its comparison anticipate more starts in 2027; the highest and lowest estimates differ by 190,000 units.
That spread is a stated uncertainty in the projection, not a measured change in wood consumption. Forisk’s public excerpt supplies its forecast sources and methodology, alongside a discussion of household formation and existing-home turnover.
Today's Featured Resources
Northeastern Forest Products Supply Chain Climate Adaptation Toolkit
toolkit: This online toolkit organizes climate-adaptation options for northeastern landowners, foresters, loggers and mills. It connects operating challenges with practical actions in harvest scheduling, roads, water-quality practices, wood procurement and related areas.
Explore Northeastern Forest Products Supply Chain Climate Adaptation Toolkit →
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