Abstract: A veneer peeling machine has a frame in which three rollers are mounted for rotation thereby to rotate a log between them. Two of the rollers are movable towards the third roller as the diameter of the log is reduced by peeling. A knife is movable to engage the log and peel a veneer from it, and the third roller, or preferably a fourth roller mounted close to the third roller in a fluid bearing extending along the length of the fourth roller, engages the log closely ahead of the knife edge to function as a nose bar.