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 | Dec 4, 2017 | News
Moody’s: High Lumber Prices In 2018 To Outweigh Cost Of U.S. Duties Sustained high lumber prices in 2018 will cover the cost of final duties imposed by the US government on Canadian lumber imports, benefiting North American producers and timberland owners,...
by Web Editor | Dec 28, 2016 | News
Canadian, U.S. Timber Markets See Same Issues In Different Ways Like a pair of fraternal twins, the timber markets of the United States and Canada don’t quite look identical. In the West, both sides cut conifers mainly for the U.S. housing market. The industries...
by Web Editor | Jul 6, 2016 | News
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...
by Web Editor | Jun 20, 2016 | News
Pre-tax profits in Canada’s wood manufacturing industry are expected to grow from $1.1 billion in 2015 to just under $1.5 billion this year thanks to strong demand from the U.S., according to The Conference Board of Canada’s Wood Products Industry Outlook....