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Lumber Prices Headed Higher Amid Canada-U.S. Trade Dispute

A mini-trade war between the U.S. and Canada is set to send lumber prices higher. At issue is the price Canadian foresters charge to cut down a tree, which is known as stumpage. The Canadians charge less than their U.S. counterparts, explains Kevin Mason, managing...

Texas Family Sawmill Going Strong At 70

Texas Family Sawmill Going Strong At 70 Jerry Rogers recalls his family moving to Orange in 1965 for what looked to be a short stay. “Daddy came here to log Sun Oil Company timber back in the woods. He said: ‘In five more years, we’ll have all the timber cut and we’ll...

Lumber Prices On The Up As U.S. Home Sales Rise

It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....