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North American Lumber Market Update: April 2017
Next week, Canadian forest products operators will be put out of their uncertainty and will find out any preliminary trade actions on softwood lumber by the US. Final determinations will be at the end of November 2017, for both CVD and AD duties. LATEST SOFTWOOD LUMBER PRICE MOVEMENTS APRIL 2017: Benchmark dimension lumber commodity Western…
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Canada Sawmills: January 2017
Canadian lumber production rose 19.5 per cent in January, with sawmills producing 5,813.4 thousand cubic metres of lumber, said Statistics Canada April 10. Production was 5.2 per cent higher than January 2016. In January, sawmills shipped 5,452 thousand cubic metres of lumber, up 10.1 per cent from December. Shipments were 2.8 per cent higher than…
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US Construction Jobs: February 2017
According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis April 11, the number of open construction sector jobs rose to 169,000 in February. The cycle high is 238,000, set in July of last year. The open position rate (job openings as a percent of total employment) for February increased to…
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Madison’s Anniversary
This week Madison’s Lumber Reporter (est. 1952) is delighted to announce the ninth anniversary of current publisher, Kéta Kosman! The first issue under her new ownership was April 17, 2008, when previous owner Laurence (Laurie) Cater RIP retired. Laurie hired Kéta as print production in June 2003. Laurie had taken over from Peter Madison in…
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Canada and US Sawmill Capacity: January 2017
Rates of production as percent of practical capacity for North American sawmills was 82% in the US for January 2017, compared to 84% the previous year and 86% for full year 2016, said the latest issue of the Western Wood Products Association Lumber Track Thursday Capacity utilization of sawmills in Canada remained at at 93%…
