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Southern Lumber And Timber Market Recovery Underway

Economic recovery is producing promising outgrowths for the Southern lumber and timber industry. Increasing demand and constrained supply globally are inciting a long-term rebound across the U.S., which is good news for Florida where timber resources are an important...

West Coast Lumber Exports Decrease

Lumber exports from the West coast decreased 7 percent in the first quarter of 2013 according to a Forest Service research economist. Log exports increased by 16 percent: from 362 million board feet in the first quarter of 2012, to 420 million board feet in the first...

U.S. Home Building Drives Up Lumber Prices

U.S. lumber prices are near an eight-year high as demand for the staple commodity of the American housing sector has risen on the back of a pick-up in new home construction. Lumber – or sawn timber – futures contracts for March delivery stood at $380 per 1,000 board...

Lumber Futures Log An 8-Year High

Lumber futures jumped to an eight-year high, as signs of a pickup in Chinese buying added to optimism about the U.S. housing recovery that has fueled a three-month boom in the building material. Prices of lumber for January delivery on the Chicago Mercantile Exchange...