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Author: Madison’s Lumber Reporter

  • Soft Demand, Higher Duties, Summer Vacations Keep Lumber Sales Low

    It is usual in the final weeks of August for lumber sales, thus prices, to drop, as the annual seasonal slow-down arrives. Both construction activity and sawmilling normally take some down-time when hot temperatures arrive across North America. This year is no different; as the continent-wide Labour Day long weekend loomed many folks were already…

  • Lumber Production and Sawmill Utilization AUG, Lumber Prices, NOV: 2021

    North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: For January to August 2021 softwood lumber production in the US improved by +3.3% from the first eight months of 2020. US lumber production volumes were 22,341 mmfbm. Looking at the month of August against July…

  • Benchmark Lumber Prices Crest Just Over Levels of One Year Ago

    As this unusual year slowly wound toward a close, there were some developments which will only add more confusion and uncertainty to the construction framing solid wood marketplace. One, which is well-known, is the looming increase — to almost double what it has been since November 2020 — of the Softwood Lumber Duty on Canadian…

  • US Housing Starts AUGUST & Softwood Lumber Prices SEPTEMBER: 2021

    After falling by -7% in July, US total housing starts for August 2021 increased by +4% to a seasonally adjusted annual rate of 1.615 million. For August 2021, total residential starts in the US shot up by +12.3% from the same month one year ago, when it was 1.416 million. Improving further over gains throughout…

  • Railcar Loadings, Lumber Production, and Sawmill Capacity Rates (video)

    North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: US lumber production for Jan – May 2021 up +5.9% compared to the first five months of 2020. Canada lumber production for up +15.3% compared to one year ago. British Columbia lumber production up +24% in…