Improving further, as it has been for most of this year, for May 2021 softwood lumber production volumes in the United States and Canada increased yet more. Sawmill capacity utilization rates in the United States and in Canada also rose substantially.
For January to May 2021 softwood lumber production in the US increased again, up by +5.9% from the first five months of 2020, says the latest issue of the Western Wood Products Association’s monthly Lumber Track.
US lumber production volumes were 15,809 mmfbm compared to January to May of 2020 when it was 14,928 mmfbm.Looking at the month of May against April 2021, US softwood lumber production fell to 3,120 mmfbm in May 2021 compared to 3,415 mmfbm in March 2021, which is a drop of -8.6%.
However is an increase of +10.4% from May 2020 when it was 2,827 mmfbm.
Softwood lumber production in Canada continued to make great gains in January to May 2021, up +15.3%, to 10,508 mmfbm, compared to the first five months of last year when it was 9,111 mmfbm.
Specifically in British Columbia — which accounts for 50% of Canadian lumber manufacturing and sales — sawmill production volumes for January to May 2021 improved by +24%, to 4,175 mmfbm, compared to the same time last year when it was 3,365 mmfbm.
North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: May 2021
US sawmill production as a per cent of practical capacity for the first five months of this year held steady from April, at 87%, however improved greatly compared to the same time in 2020 when it was 84%, said the Western Wood Products Association’s monthly Lumber Track.
Recovering yet more from the previous month, Canadian sawmill production as a per cent of practical capacity rose again in January to May 2021, to 85% compared to one year ago when it was a very low 74%.