by Web Editor | Dec 4, 2013 | News
U.S. lumber prices are getting chopped after notching seven-month highs, as the market hunkers down for a seasonal decline in construction and expected higher production next year. But demand for U.S. boards and planks from China, Japan and the Caribbean to structure...
by Web Editor | Nov 22, 2013 | News
U.S. lumber prices have firmed in recent months as rising housing starts have put pressure on lean inventories, creating a supply shortage that has yet to fully unwind, executives and industry experts told MNI. Some further gains can be expected in 2014 as the housing...
by Web Editor | Nov 13, 2013 | News
Worldwide demand for North American hardwoods climbed faster than supply in October and lumber prices followed suit. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry kilns. The sales manager for one exporting company...
by Web Editor | Oct 18, 2013 | News
With the fear of lumber shortages as strong as the outlook for 2014, lumber sales should hold steady through year-end even as North American manufacturing winds down for the winter. Global consumer confidence will also get a boost as the U.S. debt default is...
by Web Editor | Aug 26, 2013 | News
Total housing starts rose 35% year-over-year in the first quarter of this year, according to data from Deloitte. Single-family home construction contributed 500,000 jobs to the economy year-over-year in July, implying a thriving builder market. But many homebuilders...
