Softwood Lumber and NAFTA

Softwood Lumber and NAFTA

It’s looking increasingly like NAFTA is not going to get just “tweaked”, according to the latest meetings of new USTR appointee Robert Lighthizer, who formerly worked for Ronald Reagan. Lighthizer told his Senate confirmation hearing Tuesday that softwood is “at the top of the list,” said the Globe and Mail March 14. He said he recognizes that American companies want “quantitative restraint” – a limit on Canadian lumber entering the United States. “It is a very serious, intractable sort of…

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Madison’s Wood Pellet Report *new*

Madison’s Wood Pellet Report *new*

The brand-*new* monthly Madison’s Wood Pellet Report covers North America energy wood pellet manufacturing, distribution, and sales/export. Don’t miss out on what you need to plan operational strategy for RESIDUALS from your sawmill or other wood processing facility in Canada and the USA.Sign up today…take advantage of the big discount for our introductory sale . . . NORTH AMERICAN HEATING WOOD PELLET PRICES, EXPORT HIGHLIGHTS, COMMODITIES/PRODUCTS PRICES, EXPORT HIGHLIGHTS, COMMODITIES/PRODUCTS The brand-new monthly Madison’s Wood Pellet Report covers North America…

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US Construction Spending: January 2017

US Construction Spending: January 2017

Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. NAHB analysis of Census Construction Spending data, released March 1, shows that total private residential construction spending grew 0.5 per cent in January 2017 to a seasonally adjusted annual rate of US$476.4 billion. Multifamily construction spending in January grew by 2.2 per cent to a seasonally-adjusted annual rate of US$63.5 billion, more than double that…

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Building Materials Price Index: February 2017

Building Materials Price Index: February 2017

The prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased in February, according to the latest Producer Price Index release by the Bureau of Labor Statistics, out Tuesday. The increases were led by gypsum products, with softwood lumber a close second. After decreasing in four of five months, the price of softwood lumber rose in February. Gypsum prices posted a 5.3 per cent increase, the largest increase since January 2015. US Building Materials Prices After decreasing in four…

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North America Full-Year 2016 Lumber Production: WWPA

North America Full-Year 2016 Lumber Production: WWPA

The latest issue of the Western Wood Products Association’s monthly Lumber Track shows steady improvement in Canadian and US sawmill capacity utilization rates and softwood lumber production volumes. Softwood lumber production by US sawmills reached 32.772 billion board feet (bbf) in full year 2016, a gain of 3.4 per cent from 31.643 bbf in the same period the previous year, Portland, OR’s, according to Lumber Track. Canadian sawmills produced 28.335 billion board feet of softwood lumber last year, a gain…

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US Construction Spending, House Prices, Home Builder Shares

US Construction Spending, House Prices, Home Builder Shares

Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. National Associ- ation of Home Builders analysis of Census Construction Spending data released Wednesday shows that total private residential construction spending grew 0.5 per cent in January 2017 to a seasonally adjusted annual rate of US$476.4 billion. Meanwhile, the S&P CoreLogic Case-Shiller US Home Price Indices for December were released Tuesday. The national index reached…

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Residential Construction Investment, Canada: 4Q 2016

Residential Construction Investment, Canada: 4Q 2016

In 4Q 2016, total investment in residential construction in Canada rose 5.6 per cent from the same quarter of 2015 to $31.4 billion, reflecting increased spending on every component except cottages, said Statistics Canada Thursday. Higher investment in single-family dwellings, up 11.5 per cent to $7.3 billion, accounted for nearly half of the increase at the national level. Rising renovation spending (+3.4 per cent to $13.3 billion) and acquisition costs related to new dwellings (+6.9 per cent to $3.6 billion)…

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Softwood Lumber Board Nominees Sought

Softwood Lumber Board Nominees Sought

The US Department of Agriculture is seeking nominations to ll seven seats on the Softwood Lumber Board coming open in January 2018. The 19-member board will hold elections to ll the seats of directors whose terms expire on December 31, 2017. The deadline for submitting nominations is March 13, 2017. Domestic manufacturers are being sought to fill four seats — two large companies representing the US South region and two large companies representing the US West region. Softwood lumber importers…

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British Columbia Coastal Forest Industry Update

British Columbia Coastal Forest Industry Update

Keta Kosman, Publisher and Editor, Madison’s Lumber Reporter February 20, 2017 The annual Truck Logger Association Convention & Trade Show was held in Vancouver, BC, on January 18 to 20 this year, to a jam-packed crowd of attendees and some very interesting presentations. As always, lunch featured the BC Premier, Christy Clark, and many provincial political representatives, and for the next day breakfast was a speech by BC Minister of Forests, Lands and Natural Resources Operations Steve Thomson. Among the…

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New Canadian Task Force on Softwood Lumber Trade

New Canadian Task Force on Softwood Lumber Trade

TODAY THE CANADIAN GOVERNMENT ANNOUNCED A TASK FORCE SPECIFICALLY FOR SOFTWOOD LUMBER TRADE: Canada’s forest sector is vital to a strong Canadian economy. Enhanced collaboration between federal and provincial governments will help to keep our forest sector, and the workers and communities that depend on it, strong and resilient. Wednesday, Canada’s Minister of Natural Resources, the Honourable Jim Carr, announced the creation of the Federal–Provincial Task Force on Softwood Lumber, which will share information and analysis to understand potential impacts…

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