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Lumber Prices Push Up Further as Sales Volumes Remain High
A severe lack of supply along with unrelenting demand sent softwood lumber prices up once again for the week ending April 30. At the producer level, sawmill order files stretched out 4 weeks or longer, with chronic delayed deliveries adding approximately 3 weeks to that. As the home building season is just getting started for…
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Canada and US Railcar Loadings: April 2021
The Association of American Railroads (AAR) reported May 5 US and Canadian rail traffic volumes for April 2021. The Association of American Railroads (AAR) reported May 5 US and Canadian rail traffic volumes for April 2021. Down slightly after a huge rebound in March, US railroads originated 951,840 carloads in April, up +24%, or 182,060…
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Continued Strong US Housing Construction and Home Sales Push Lumber Prices Higher
As April draws to a close and the usual construction season starts to come on in Canada and the US, demand for softwood lumber remains very hot. While customers are reluctant to pay these way-beyond record-breaking prices, there is little they can do to avoid buying as ongoing building projects must be completed. Builders and…
