by Web Editor | Sep 10, 2018 | News
“Lumber and economic growth are tightly connected,” says USDA Forest Service scientist Jeffrey Prestemon. “At a certain rate of GDP growth, you get a certain path of lumber consumption.” Prestemon recently led a study that projects softwood lumber demand under...
by Web Editor | Jun 23, 2014 | News
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital Economics, a London-based...
by Web Editor | Jan 14, 2013 | News
U.S. lumber prices are near an eight-year high as demand for the staple commodity of the American housing sector has risen on the back of a pick-up in new home construction. Lumber – or sawn timber – futures contracts for March delivery stood at $380 per 1,000 board...
by Web Editor | Sep 10, 2012 | News
The North American lumber market has, to a large extent, been a buyers market since the beginning of the financial crisis in 2008, but is now shifting to a sellers market with the increase in demand for lumber by the huge U.S. market. In May, lumber consumption in the...
