-
US Lumber Demand, Consumption, and Sawmill Capacity Utilization
A recent article about lumber price correlation with US stock values piqued Madison’s curiosity. While there are excellent insights, the conclusion drawn in inaccurate. That is to say: the data is being interpreted incorrectly. “U.S. Stocks: Timber!” http://seekingalpha.com/article/3095836-u-s-stocks-timber “Since the outbreak of the financial crisis in the summer of 2007 and also in the years…
-
Transportation Statistics : North America
The latest data, to February 2015, shows volumes of Canadian and US forestry and wood products transported as stable — if moderately improving — over last year. As subscribers to the quarterly Madison’s Forest Pulse already know, volumes and values of wood products manufactured, shipped, and transported across North America for full-year 2014 were very…
-
New Forestry Funding, Canada and US
Recent announcements by Canadian federal and provincial governments for forestry funding in technology and innovation as well as employment, and by the US Department of Agriculture, will inject much-needed investment into worthwhile timber-related projects, Canada’s federal Government announced the extension of its program to support the growth of overseas markets for Canada’s forest industry, Revenue…
-
Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
-
Forest Product Manufacturing, Sales, Export Data
The latest round of data releases for January and February, out this week from Statistics Canada and Industry Canada, are shaping up to tell a great story for the next issue of Madison’s Forest Pulse (to be emailed May 4). Also the Western Wood Products Association’s most recent issue of Lumber Track, out Thursday, provides…
