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 | Aug 21, 2017 | News
U.S. Houses Are Using More Russian Lumber, Thanks To Canada Dispute Russia has emerged as one of the winners from the trade dispute between Canada and the U.S over lumber. The U.S. is importing more softwood lumber from overseas after it slapped tariffs on Canadian...
by Web Editor | Mar 27, 2017 | News
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...
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 | 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...
