by Web Editor | Mar 1, 2017 | News
Lumber futures scored the biggest gain among major commodities for the month of February, as Donald Trump’s first full month as U.S. President fed uncertainty surrounding the nation’s lumber trade dispute with Canada. Random length lumber for May delivery was trading...
by Web Editor | Oct 7, 2016 | News
Canadian Lumber Executives Press Softwood Deal With U.S. Canadian lumber and government officials told the U.S. trade representative that any new softwood lumber agreement must reflect the differences in forestry regimes across the country. The chief executives of 10...
by Web Editor | Sep 14, 2016 | News
The U.S. is in the midst of negotiations with Canada over an agreement on Canadian lumber imports. Many U.S. sawmill owners argue that the Canadian mills receive government subsidies on government-owned lands, making it difficult for the U.S. market to compete. The...
by Web Editor | Aug 1, 2016 | News
With Americans buying more new homes than at any time since the recession, the cost of the wood used to build them is rising. Lumber prices are off to their biggest rally in more than a decade, touching a 19-month high last week as demand increased from builders. But...
by Web Editor | Apr 22, 2016 | News
West Fraser Timber Co. and Canfor Corp., Canada’s largest lumber producers, are suffering from tepid demand in the U.S. where the recovery in the housing market is stuttering. U.S. housing starts fell a more-than-expected 8.8 percent last month, the Commerce...