by Web Editor | Nov 2, 2015 | News
The anticipation of a Federal Reserve rate hike earlier this month had global market analysts teetering on the edge of their seats. They breathed a collective sigh of relief after the Fed announced it would not being raising interest rates at this time, and the...
by Web Editor | Oct 19, 2015 | News
The U.S. Lumber Coalition says the U.S.-Canada Softwood Lumber Agreement, which expired October 12, 2015, is due for a rewrite after nine years. “World timber and lumber markets have evolved and the 2006 agreement is now outdated,” says Charlie Thomas,...
by Web Editor | Oct 16, 2015 | News
Approximately 500 jobs supported by Montana’s wood products industry have dried up this year alone, and with the expiration Monday of the 2006 Softwood Lumber Agreement between Canada and the U.S., even broader repercussions are expected to hit the state’s economy. In...
by Web Editor | Oct 5, 2015 | News
A weak Loonie, an expiring softwood agreement and poor demand from Asia has lumber prices down sharply in the Pacific Northwest. F.H. Stoltze Land and Lumber in Columbia Falls has not had any layoffs due to the poor pricing, general manager Chuck Roady said Monday,...
by Web Editor | Sep 4, 2015 | News
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...