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Madison’s Weekly Softwood Lumber Prices: February 22, 2016
MADISON’S KEY SOFTWOOD LUMBER MARKET WEEKLY COMMENT: “Up-limit lumber futures encouraged many buyers to participate this week.” Prices updated February 22, 2016 (click table to enlarge) All prices are net FOB mill in U.S. dollars per 1000 board feet unless otherwise noted. Green = not dried KD = kiln dried PET = precision end trim…
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Canada-US Softwood Lumber Discussions
Ottawa and Washington have begun talks toward renewing a pact regarding the export of Canadian lumber to US markets, Canada’s trade minister, Chrystia Freeland told lawmakers in Ottawa Thursday, said NASDAQ.com. Freeland said Canadian negotiators were in Washington last week to meet with their US counterparts about a new lumber-trade agreement. A spokesperson for the…
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Canada Trade Outlook: Conference Board
Canada’s exporters are entering a new era of lower commodity prices and strong demand from a rebounding US economy, but many are not prepared to take ad- vantage of this major shift in trade patterns, says a new report by the Conference Board of Canada study, published Thursday. Among Canadian industries best positioned to capitalize…
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North America Lumber Production: Nov 2015
Lumber production in the US totalled 29.4 BBF for the first eleven months of 2015, an increase of 1.4 per cent from 2014 when it was 28.9 BBF, according to the Western Wood Products Association’s Lumber Track, released Wednesday. Canadian lumber production improved by 7.9 per cent for January to November 2015, to 24.5 BBF…
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BC Forest Products Exports: Dec 2015
The Competitiveness and Innovation Branch, BC Ministry of Forests, Lands, and Natural Resource Operations Thursday released the latest BC forest products exports data. Highlight of BC Forest Product Exports Full Year 2015, compared to Full Year 2014: • BC forest product exports totalled $12.88 billion, up 3.9 per cent from $12.40 billion. • Share of…