NZ forest harvest volumes fall in 2015 for first time in 7 years

Sun, 20 Mar 2016

By Tina Morrison March 21 (BusinessDesk) - New Zealand forest harvest volumes declined in 2015 for the first time in seven years as uncertainty about future prices prompted plantation owners to hold back from felling their trees. The country harvested 38,896,354 cubic metres of wood, mostly radiata pine, last year, 3 percent less than in 2014 and marking the first decline since 2008, AgriHQ said, citing data from the Ministry for Primary Industries. The value of wood exports, New Zealand's third-largest commodity export behind dairy and m...

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