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Lumber Prices On The Up As U.S. Home Sales Rise

It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....

Wide Lumber Boosts Profits In Southern Pine Region

A bench marking study recently completed by The Beck Group reveals that among producers of Southern Pine lumber, mills focused on producing wide lumber (particularly 2×12) were more profitable in 2012 than mills that were not. Typically the large logs that yield wide...