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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...

Canadian Officials See Outline Of New Softwood Lumber Deal

Foreign Affairs Minister Chrystia Freeland says the outlines of a deal with the United States to resolve the softwood lumber dispute are in place. But she can’t predict whether the persistent trade irritant will be settled before negotiations begin on Aug. 16 to...

Canada And U.S. Closing In On Softwood Lumber Deal

Canada would cap its U.S. market share at 30 percent, in an effort to settle the softwood lumber trade dispute, with the U.S. supplying the remainder. But resolving what happens if it can’t make up the balance may be keeping an agreement from being reached. The...

NAHB: Homebuilder Concerns About Lumber Shortage Rising

Homebuilders are quickly feeling the impact of the looming rise in Canadian lumber tariffs, as more homebuilders are concerned about the availability of building materials. According to the May 2017 survey for the NAHB/Wells Fargo Housing Market Index, the...