by Web Editor | Oct 6, 2014 | News
U.S. lumber prices softened in mid-September on a seasonal lull in construction industry orders during another year in which hopes for strong gains in housing starts were disappointed, industry experts said. The framing lumber composite price, an industry benchmark...
by Web Editor | Aug 1, 2014 | News
U.S. timberland accelerated its price growth, despite some lumber market concerns centered on China and the domestic market, which prompted one of the top forestry groups to warn on profits. U.S. timberland prices were 7.2% higher in the April-to-June quarter than a...
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 | Apr 14, 2014 | News
Contacts are still talking about the impacts of the terrible winter weather on the hardwood industry. Deep snow and biting cold slowed logging and hurt sawmill production. One Indiana mill reported 145” of snow this winter; the normal is 40”. Log prices have been...
by Web Editor | Mar 24, 2014 | News
The bitter winter froze homebuilders to start the year, but analysts and lumber producers expect demand to bounce back. Housing starts fell to an annual rate of 907,000 nationwide in February, down two-tenths of a percentage point from the January estimate, the U.S....