Author: Madison’s Lumber Reporter

  • US REO Inventory Down 23 per cent Y-o-Y: 1Q 2016

    FANNIE MAE reported Thursday the number of Real Estate Owned inventory declined to 52,289 at the end of 1Q 2016, compared to 79,319 at the end of 1Q 2015. FREDDIE MAC reported the number of REO inventory declined to 15,409 at the end of Q1 2106 compared to 22,738 at the end of Q1 2015.…

  • More on FPAC “30 by 30” Challenge

     As announced in last week’s issue of your Reporter, the Forest Products Association of Canada this week revealed details of it’s “30 by 30 Climate Change Challenge”. New FPAC CEO Derek Nighbor explained at PwC Forestry Week Wednesday in Vancouver, BC, that its companies aim to remove 30 megatonnes (MT) a year of carbon dioxide…

  • US Lumber Groups Support Timber Innovation Act

    The American Wood Council (AWC), American Forest Foundation (AFF), Binational Softwood Lumber Council (BSLC) and Southeastern Lumber Manufacturers Association (SLMA) today announced their strong support for the “Timber Innovation Act”, according to an American Wood Council release Monday. US “Timber Innovation Act” “Advancing the construction of tall wood buildings will help lower the cost of…

  • US Lumber Groups Support Timber Innovation Act

    The American Wood Council (AWC), American Forest Foundation (AFF), Binational Softwood Lumber Council (BSLC) and Southeastern Lumber Manufacturers Association (SLMA) today announced their strong support for the “Timber Innovation Act”, according to an American Wood Council release Monday. US “Timber Innovation Act”  “Advancing the construction of tall wood buildings will help lower the cost of…

  • Canada Sawmill Production: February 2016

    Lumber production by Canadian sawmills in February increased 1.8 per cent from January, to 5,627.9 thousand cubic metres, according to new data released by Statistics Canada Friday. Compared with February 2015, lumber production rose 12.4 per cent. Sawmills shipped 5,570.7 thousand cubic metres of lumber in February, up 5 per cent from January. Shipments rose…