Weyerhaeuser presented on their business strategy and outlook. They have focused their portfolio on timberlands, wood products, and cellulose fibers. They are driving value through operational excellence initiatives across their businesses, capturing synergies from acquisitions, and disciplined capital allocation including growing their dividend and share repurchases. Housing starts are expected to recover to trend levels in the coming years, supporting improved market conditions for Weyerhaeuser's wood products. Demand is also growing for fluff pulp used in products like diapers and tissue.