Following on the heels of the previous month, for January to October 2021 softwood lumber production volumes across North America were close to the levels of the same time in 2020.
Sawmill capacity utilization rates in the United States were relatively stable while those in Canada continued the incremental improvements of most of the year.
For the first ten months of 2021 softwood lumber production in the US improved by +1.6% from the same time last year, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. US lumber production volumes were 31,334 mmfbm compared to January to October of 2020 when it was 30,850 mmfbm.
Looking at the month of October against September 2021: US softwood lumber production was 3,100 mmfbm in October 2021 compared to 3,086 mmfbm in August, and a -5.7% drop compared to October 2020.
Last month’s update here: https://madisonsreport.com/2021/12/13/north-america-softwood-lumber-production-sawmill-capacity-utilization-wwpa-september-2021/
Meanwhile in Canada, for January to October 2021 production volumes came closer to matching the previous year. Canada sawmill manufacturing was up +4.5%, to 20,055 mmfbm, compared to the first ten months of 2020 when it was 19,184 mmfbm.
Specifically in British Columbia — which accounts for 50% of Canadian lumber manufacturing and sales — sawmill production volumes for January to October 2021 grew by +7%, to 7,930 mmfbm, compared to the same time in 2020 when it was 7,412 mmfbm.
North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: October 2021
US sawmill production as a per cent of practical capacity for the first ten months of 2021 ticked down slightly, at 85%, compared to the same time in 2020 when it was 86%, said the Western Wood Products Association’s monthly Lumber Track.