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U.S. And Canada Begin Lumber Trade Talks

Ottawa and Washington have begun talks toward renewing a pact regarding the export of Canadian lumber to U.S. markets, Canada’s trade minister, Chrystia Freeland, told lawmakers here Thursday. Ms. Freeland said Canadian negotiators were in Washington last week...

Lumber Prices Head Upward Along With Homebuilding

Prices for lumber futures contracts are beginning to rise, after drifting downward for months. China’s building contraction and the winter hiatus knocked down prices, but they could jump dramatically, say analysts, as U.S. homebuilding surges. Lumber is traded...

U.S. Lumber Price Falls Due To Overcapacity

Lumber is used in a variety of industries in the United States, but the price of lumber is primarily dictated by the health of the housing and construction industry. Americans may be viewing the economy more optimistically since last year, but their outlook on the...