by Web Editor | Jun 11, 2018 | News
Back in March, FreightWaves reported on a “perfect storm for lumber markets”: a confluence of strong global demand and critical supply issues that caused futures prices for a thousand board feet of lumber to break $500 for the first time ever. To put that number in...
by Web Editor | Dec 19, 2016 | News
Global trade of softwood lumber is forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly. The World Trade Organization (WTO) reported in September that world trade will expand by only...
by Web Editor | Nov 2, 2015 | News
The anticipation of a Federal Reserve rate hike earlier this month had global market analysts teetering on the edge of their seats. They breathed a collective sigh of relief after the Fed announced it would not being raising interest rates at this time, and the...