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Madison’s Forest Pulse 4Q 2014
The next issue of the quarterly Madison’s Forest Pulse goes out to subscribers Monday. The data sets, January to November 2014, are shaping up very nicely to demonstrate the current situation with Canadian and US log and lumber sales and exports. For more information please see Page 6. Don’t miss out on this vital and…
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US Existing, New, & Pending Home Sales, Inventories
Completing an improved second half of 2014, existing home sales in the US increased 2.4 per cent in December, said the National Association of Realtors Monday. Existing home sales exceeded a 5 million sales pace for the sixth time in the past seven months, and were 3.5 per cent above the same period a year…
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Japan Log and Lumber Import Forecast : 2015
The Japan Foreign Timber General Supply & Demand Liaison Conference on December 24 announced the demand forecast for major imported timber for full-year 2015, says the Japan Lumber Journal. According to the report, 2015 demand for logs in Japan is forecasted to be 4,100,000 cubic metres, and demand for lumber is forecasted to be 6,211,000…
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Quarterly and Year-End Results
Norbord, Potlatch Corp, and Weyerhaeuser all reported financial results this week. Norbord Wednesday reported adjusted EBITDA of $90 million in 2014 compared to $287 million in 2013, on 31 per cent lower North American benchmark OSB prices. In 4Q 2014, Norbord recorded adjusted EBITDA of $15 million, unchanged from 3Q, and $14 million lower than…
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International Trade Relations, USA/Canada
As global economic conditions continue volatile, even unstable, Canada is in the midst of negotiating several trade agreements, and is also suffering some trade complications. For the past several years the governments of Europe, Asia, and the Americas have been embarking on multi- and bi-lateral trade deals, with varying levels of success. Chief among these…
