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Worldwide Softwood Lumber Demand Pushes Prices Higher

Increased demand for softwood lumber worldwide has pushed lumber prices higher, especially in the United States and China during the first half of 2017, according to the Wood Resource Quarterly, published by Wood Resources International LLC. International trade of...

Georgia-Pacific Plans To Build Mill At Talladega

Georgia-Pacific Plans To Build Mill At Talladega Georgia-Pacific reports that it plans to build a $100 million sawmill in Talladega, Ala. at the site of a plywood plant that GP closed in 2008. Construction of the 300,000 sq. ft. operation is scheduled to begin...

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...

Global Softwood Lumber Trade Forecasted To Increase In 2016

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...