by Web Editor | Aug 1, 2016 | News
With Americans buying more new homes than at any time since the recession, the cost of the wood used to build them is rising. Lumber prices are off to their biggest rally in more than a decade, touching a 19-month high last week as demand increased from builders. But...
by Web Editor | Mar 6, 2015 | News
With the deep freeze that has inundated the eastern half of the United States contributing to the drop, prices for logs and lumber processed on the West Coast have dipped over the last couple of months. Sales are down and wood inventories are up. The market today is...
by Web Editor | Mar 24, 2014 | News
The bitter winter froze homebuilders to start the year, but analysts and lumber producers expect demand to bounce back. Housing starts fell to an annual rate of 907,000 nationwide in February, down two-tenths of a percentage point from the January estimate, the U.S....
by Web Editor | Nov 4, 2013 | News
Lumber traders struggled back to their desks Monday morning after an epic North American Wholesale Lumbermen’s Association AGM in Las Vegas, NV, last week to discover very weak field inventories, rising lumber prices and continued strong demand, writes Keta...
by Web Editor | Oct 18, 2013 | News
With the fear of lumber shortages as strong as the outlook for 2014, lumber sales should hold steady through year-end even as North American manufacturing winds down for the winter. Global consumer confidence will also get a boost as the U.S. debt default is...