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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...

Improved U.S. Housing Good News For Lumber Industry

A new report shows some of New Brunswick’s wood products manufacturers could soon experience a rebound, due to an improving housing market south of the border. A report released by Scotiabank points out an increased demand for wood products in the U.S. According...