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JUNE 2022

Cover: Softwood Lumbermen Aren’t Slowing Down; Hardwood Lumbermen Are Feeling All Right

According to Timber Processing’s annual 2022 U.S. Sawmill Operations & Capital Expenditures Survey, U.S. softwood lumbermen are not as bullish about their lumber business situation as they were a year ago, but they’re still smiling and capital expenditure projects are aplenty. At the same time, seventy-five percent of U.S. hardwood lumbermen forecasted their lumber business situation for 2022-2023 as excellent or good.

Inside This Issue

THE ISSUES: Most Lumbermen Remain Optimistic

As we recently dove into the responses to our 2022 Sawmill Operations & Capital Expenditure Survey, a quote from Satchel Paige entered my mind and never left it: “Don’t look back. Something might be gaining on you.” This probably makes me a glass-half empty kind of person.

After all, the results from the survey were quite positive overall. Elsewhere in this magazine you’ll find two stories, one on the results from the softwood lumbermen and the other on the hardwood lumbermen, both articles filled with lots of graphs and quotes.

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Article by Rich Donnell, Editor-in-Chief, Timber Processing

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Softwood Lumbermen Aren’t Slowing Down; Hardwood Lumbermen Are Feeling All Right

Article by Rich Donnell, Editor-in-Chief, Timber Processing

U.S. softwood lumbermen are not as bullish about their lumber business situation as they were a year ago, but they’re still smiling and capital expenditure projects are aplenty. At the same time, seventy-five percent of U.S. hardwood lumbermen forecasted their lumber business situation for 2022-2023 as excellent or good, according to Timber Processing’s annual 2022 U.S. Sawmill Operations & Capital Expenditures Survey.

Eighty-five percent of the respondents forecasted their situation for 2022-2023 as excellent or good (compared to 92% a year ago looking at 2021-2022), while 11% said fair, and 4% said poor or very poor.

Seventy-five percent of U.S. hardwood lumbermen forecasted their lumber business situation for 2022-2023 as excellent or good.

As good as they are, those numbers aren’t as strong as when the survey was conducted at the same time a year ago, when in the middle of a building products market surge 88% of the hardwood lumbermen forecasted excellent or good for the ensuing 2021-2022.

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