by Web Editor | Dec 31, 2012 | News
After four years of being the forgotten commodity, lumber is back in the spotlight, named Scotiabank’s top pick for investors for the coming year. “The investment sentiment has changed,” said Patricia Mohr, vice-president of economics and a...
by Web Editor | Dec 12, 2012 | News
Higher lumber demand in the U.S. increased both U.S. lumber production and importation in the 3Q/12, but sawlog prices have remained unchanged since 2011, reports the Wood Resource Quarterly. The improved housing market in the U.S. the past four months has resulted in...
by Web Editor | Nov 2, 2012 | News
U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding. The storm, which made landfall on...
by Web Editor | Sep 10, 2012 | News
The North American lumber market has, to a large extent, been a buyers market since the beginning of the financial crisis in 2008, but is now shifting to a sellers market with the increase in demand for lumber by the huge U.S. market. In May, lumber consumption in the...
by Web Editor | Mar 19, 2012 | News
Full-year production by U.S. sawmills grew 7.7% in 2011 to 26.712 billion board ft. (bbf) from 24.802 bbf in 2010, according to the latest statistics from the Western Wood Products Assn. (WWPA). Sawmills in the Western U.S. produced 11.867 bbf in 2011, up 6.6%...
