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Credit Crunch An Unusual Ally In U.S. Lumber Rally

U.S. lumber futures prices have soared about 30% in the past five months, with bets rising 18% since January with help from an odd ally: a credit crunch in the industry. Lumber distributors, who channel supplies from mills to end users, finding it difficult to raise...

Lumber Design Value Changes Approved By ALSC

Following proposals from the Southern Pine Inspection Bureau (SPIB), the American Lumber Standard Committee (ALSC) recently approved a design value change for No. 2 2×4 visually graded southern pine lumber. Southern pine No. 2 2x4s are affected, as well as lower...

Restoration Projects Set For National Forests

Agriculture Secretary Tom Vilsack recently announced a new report, Increasing the Pace of Restoration and Job Creation on our National Forests, which outlines a strategy and series of actions for management on 193 million acres of national forests and grasslands...