by Web Editor | May 13, 2013 | News
U.S. lumber prices are falling in response to a late, cold spring in some parts of the country, and to a sharp first-quarter production increase by mills that may have overestimated gains in housing starts, lumber industry participants said. By early May, industry...
by Web Editor | May 6, 2013 | News
North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two decades. About 55.5 billion of the industry’s standard...
by Web Editor | Apr 26, 2013 | News
Canadian Lumber Producers Angry Over Rail Bottlenecks Canada’s lumber producers ought to be enjoying the fruits of a U.S. housing recovery. Trouble is, they can’t take full advantage of it. The forestry companies say that a shortage of rail cars is causing them to...
by Web Editor | Apr 3, 2013 | News
Canada’s forestry sector is touting a new generation of high-tech lumber as a way to gain a foothold in a part of the construction industry from which it has long been shut out: condominiums. Officials at the Forest Products Association of Canada are pushing to have...
by Web Editor | Mar 15, 2013 | News
Lumber futures have climbed to their highest level since 2005 and they have gained around 9% this year, with most of that gain seen just this month as the outlook for U.S. housing improves. “Lumber, like other raw commodity goods, is a good indication of economic...
