BMO Capital Markets’ North American Lumber & Wood Panel Markets Conference Call

This week was held an update on North American Lumber & Wood Panel Markets by Forest Economic Advisors, at a BMO Capital Markets Conference call.

BMO Capital Markets Update on the North American Lumber & Wood Panel Markets :

Forest Economic Advisors

• US Starts Were Weaker Than Most Analysts Expected

• US New Home Sales Are Consistent with Just Over One Million Starts

• Sawmill Operating Rates Will Improve Although Not Enough to Warrant Large Price Increases