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Category: Softwood Lumber Prices

Softwood Lumber Tariff and US Housing

Softwood Lumber Tariff and US Housing

The conversation shifted slightly this week; or perhaps more correctly expanded, from specifics of assignation of US duties on imports of Canadian softwood lumber to the effects of that on a tenderly burgeoning US home building industry. Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the rst quarter of 2017, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released Thursday. US Housing…

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New USTR Appointment Passes Senate

New USTR Appointment Passes Senate

One of many, many outstanding questions on the new Canada-US softwood lumber dispute was answered Friday morning when the US Senate approved US President Donald Trump’s appointment of US Trade Representative. The upper chamber voted with a large bipartisan majority Thursday to approve Robert Lighthizer, which gives the administration its U.S. trade representative and allows it to kick-start its NAFTA process, according to CBC Friday. Lighthizer was deputy U.S. trade representative under president Ronald Reagan and has worked on trade…

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Madison’s Forest Pulse : 1Q 2017 Forest and Timber Analysis

Madison’s Forest Pulse : 1Q 2017 Forest and Timber Analysis

MADISON’S FOREST PULSE NEXT ISSUE RELEASED THIS WEEK….ORDER NOW TO NOT MISS OUT!! The information tool for your forest management and investment Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner. CLICK BELOW TO ORDER! FOREST PULSE TESTIMONIAL: Michael Low | Director & Group Lead, Commercial Banking | Scotiabank www.scotiabank.com : “I am amazed at the data you’ve been able to…

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Canada Considers Retaliatory Trade Actions Against the Latest US Softwood Lumber Duties

Canada Considers Retaliatory Trade Actions Against the Latest US Softwood Lumber Duties

BREAKING NEWS MID-DAY FRIDAY: The Canadian government has found several Oregon business-assistance programs it says may constitute illegal subsidies. It is considering a process that could lead to retaliatory duties on imports from that state’s products, such as plywood, flooring, wood chips, packaging material and wine, according to several mainstream news sources mid-day Friday. Prime Minister Justin Trudeau will launch the first salvo in a letter to BC Premier Christy Clark, informing her that he’s seriously considering her request for…

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US New and Pending Home Sales: March 2017

US New and Pending Home Sales: March 2017

US sales of new homes shot up in March to the fastest pace in 8 months, the Commerce Department said April 27. Meanwhile according to the National Association of Realtors Friday, US pending home sales in March 2017 maintained their recent high level, but momentum slackened slightly in most of the country as dearth supply weighed on activity. Home Sales, US The US Commerce Department said this past week that new-home sales rose 5.8 per cent last month to a…

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Material Updates on US Softwood Lumber Duty

Material Updates on US Softwood Lumber Duty

The much-anticipated Preliminary Countervailing Duty on a wide range of Canadian softwood lumber product exports into the US became known last week, but the announcement created more questions than it answered. Forest operators in the north scrambled to all available sources for answers about changes to paperwork and any new mechanism at the border, while those in the US tried to find out as much as they could about the effect of that for themselves. Canada US Softwood Lumber Duty…

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US Customs and Border Protection Instructions re: CVD/CC Preliminary Determinations

US Customs and Border Protection Instructions re: CVD/CC Preliminary Determinations

The level of sheer disorganization and lack of clarity on this latest US softwood lumber duty is appalling even to Madison’s, where we are used to a cumbersome and unclear process at the beginning of every new Canada-US Softwood Lumber Dispute: The US. Department of Commerce’s Preliminary CVD Announcement was published in the Federal Register today, April 28th – Volume 82, Page 19657, 19658, and 19659. US Customs and Border Protection Instructions re: CVD/CC Preliminary Determinations CLICK TO DOWNLOAD *NEW*…

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Investigation of Certain Softwood Lumber Products from Canada: C-122-858

Investigation of Certain Softwood Lumber Products from Canada: C-122-858

SUBJECT Decision Memorandum for the Preliminary Determination in the Countervailing Duty Investigation of Certain Softwood Lumber Products from Canada   C-122-858 Investigation Public Document E&C/OI, OIII: Team   The Department1 preliminarily determines that countervailable subsidies are being provided to producers and exporters of certain softwood lumber products in Canada, as provided in section 703 of the Act. CVD Decision Memorandum  

Countervailing Duty Investigation of Softwood Lumber Products from Canada: C-122-858

Countervailing Duty Investigation of Softwood Lumber Products from Canada: C-122-858

FROM THE US FEDERAL REGISTER ON SOFTWOOD LUMBER DISPUTE V : Countervailing Duty Investigation of Softwood Lumber Products from Canada: Company Exclusions Summary For the reasons detailed below, we have determined that the Department of Commerce (“Department”) lacks the authority to conduct the company exclusion process. Background On March 29, 201 7, a letter presenting a proposal for company exclusions was filed on behalf of the Government of Canada (“GOC”), Canadian provincial and territorial governments, as well as the Canadian…

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Certain Softwood Lumber Products from Canada – BILLING CODE: 3510-DS-P

Certain Softwood Lumber Products from Canada – BILLING CODE: 3510-DS-P

Madison’s Lumber Reporter has obtained the Softwood Lumber Dispute V documents that were filed with the US Department of Commerce: DEPARTMENT OF COMMERCE International Trade Administration C-122-858 Barcode:3566056-01 C-122-858 INV – Investigation – Certain Softwood Lumber Products from Canada: Preliminary Affirmative Countervailing Duty Determination, and Alignment of Final Determination with Final Antidumping Duty Determination AGENCY: Enforcement and Compliance, International Trade Administration, Department of Commerce SUMMARY: The Department of Commerce (the Department) preliminarily determines that countervailable subsidies are being provided to…

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