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Prepare Now For End Of Softwood Lumber Pact, Report Urges

Canada needs to step up efforts to build new markets for softwood lumber because our biggest customer, the U.S., shows little interest in renewing a trade agreement that expires on Oct. 12, a report from the Canada West Foundation says. Without a Softwood Lumber...

Lumber Prices On The Up As U.S. Home Sales Rise

It’s not just a buoyant day for equities (China excluded) on Tuesday. Yes, lumber prices are on the up, too. News of a rise in new home sales in the US last month has helped push lumber prices up 2.5 percent to $246.10 per 1000 board feet, writes Mamta Badkar....

North American Lumber Prices Begin Their Climb

Spot lumber prices, as reported by the industry publication Random Lengths, headed lower in the final months of 2014 before tumbling in the first 4months of 2015. At the end of April, spot spruce pine fir (S-P-F) 2×4 #2&Btr mill prices stood at $249 per...

West Coast Log And Lumber Exports Decreased In Q1 2015

Log exports from Washington, Oregon, northern California, and Alaska totaled 272 million board feet in the first quarter of 2015, a decrease of nearly 16 percent compared to the fourth quarter of 2014, the U.S. Forest Service’s Pacific Northwest Research Station...

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...