by Web Editor | May 27, 2015 | News
Prices for lumber futures contracts are beginning to rise, after drifting downward for months. China’s building contraction and the winter hiatus knocked down prices, but they could jump dramatically, say analysts, as U.S. homebuilding surges. Lumber is traded...
by Web Editor | Jul 25, 2014 | News
The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—rises from a reading of 128.4 in July to...
by Web Editor | Aug 17, 2012 | News
Union Pacific is pulling railcars from storage for the first time in four years to haul lumber for home builders, a welcome source of strength for an industry that’s bucking the effects of a slowing economy. North American rail carloads of lumber and wood products...