by Web Editor | Aug 24, 2018 | News
U.S. Lumber Price Surge Results In Record Profit Lumber prices in the U.S. have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by the market report Random Lengths reached its...
by Web Editor | Aug 17, 2018 | News
Over 1,200 homes have been destroyed by wildfires in California so far in 2018. And due to increased tariffs, those wildfire victims are having to deal with higher construction costs. So are victims whose homes were ruined by Hurricane Harvey last year in Texas. The...
by Web Editor | Jul 27, 2018 | News
Canfor Corporation says it paid $51.7 million in countervailing duties in the second quarter, the result of U.S. tariffs that went into force in 2017. Canfor, which sells more than half of its lumber to the U.S., reported operating income of $282.1 million for the...
by Web Editor | Jul 25, 2018 | News
In the last few months, lumber supply from Canada, United States’ biggest lumber provider, was shaken by a slew of factors like insect attack, forest fires and shortage of transportation. President Trump’s decision to impose a huge tariff on lumber imports...
by Web Editor | Jun 22, 2018 | News
Prices for wood to build and renovate houses have as much as doubled over the past six months, increasing costs for consumers but boosting Maine’s softwood sales and signaling a turnaround in that segment of the forestry market, industry experts say. A number of...