USDA: Projecting Lumber Demand In The U.S. And Abroad

“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...

U.S. Lumber And Log Prices Log 12-Year High In July

Lumber and log prices are both at 12-year July highs. Log prices are unprecedented for summer and may continue to climb as fire season kicks in. Other statistics remain strong or recovering. All good news for forestry and wood products. Recent trends of lumber, logs,...

Global Lumber Industry On Pace For A Record-Breaking Year

Global softwood lumber production is on pace to break the record set in 2015. That production is being driven in large part because the top 10 importing countries increased lumber imports during 2016’s first quarter. Global production is up 20% in the year’s first...