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U.S. Lumber Price Surge Results In Record Profit

U.S. Lumber Price Surge Results In Record Profit Lumber prices in the U.S. have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by the market report Random Lengths reached its...

Forisk’s 2018 Lumber And Structural Panel Projections

Forisk projects U.S. softwood lumber consumption of 49.8 BBFT in 2018. This represents a 3.7% increase from our 2017 forecast of 48.1 BBFT and is 5.4% higher than 2016 actuals of 47.3 BBFT. Softwood lumber consumption increased every year since 2009, but remained...

Canadian Firms May Build New Sawmills In U.S. South

From: Timber Processing Editors Two Canadian-based companies, both in recent years having purchased and now operating multiple sawmills in the U.S. South, are considering building greenfield sawmills in the South. Interfor reports it has completed a detailed...

Worldwide Softwood Lumber Demand Pushes Prices Higher

Increased demand for softwood lumber worldwide has pushed lumber prices higher, especially in the United States and China during the first half of 2017, according to the Wood Resource Quarterly, published by Wood Resources International LLC. International trade of...

Canfor Corp. Eyes U.S. Acquisitions Amid Lumber Duty Dispute

Canfor Corp., one of the world’s largest forestry companies, sees potential acquisition opportunities in the U.S. South as smaller companies struggle in the wake of carnage left by new softwood lumber duties. “We’ve got an appetite for [mergers and acquisitions],”...