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Some Softwood Lumber Prices Recover From Recent Drops
Improved demand and continued restricted supply last week brought some North American construction framing dimension softwood lumber prices back up to levels of one-month-ago, and indeed to match exactly what prices were at this time last year. The wholesaler price of benchmark softwood lumber commodity item Western Spruce-Pine-Fir KD 2×4 #2&Btr (RL) last week gained…
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Softwood Lumber Prices Bounce Off Lows of Two Weeks Ago
As Madison’s said in mid-April, “only in the future will we know” if North America construction framing dimension softwood lumber prices reached the bottom, or if they would fall further. Given the wee surge last week, we now know that prices have bounced from those lows of two weeks ago. Whether they will remain there…
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UBC Forestry professor receives ‘Nobel Prize of Forest Research’
Marcus Wallenberg Prize supports research on how forests respond to climate change VISUALS LINK FOR MEDIA USE The Faculty of Forestry at University of British Columbia has announced faculty member and Canada Research Chair in Remote Sensing (I), Nicholas Coops, is the recipient of the world’s most prestigious forestry honour, the Marcus Wallenberg Prize.With this distinction, UBC…
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Softwood Lumber Prices Fall More Slowly or Remain Steady
In contrast to the sharp plummets of recent weeks, most North American construction framing dimension softwood lumber prices either remained steady or dropped by smaller increments last week as distributors had decent demand from end-users. Supply remained limited to tight, and sawmills held firm on price lists from the previous week as their order files…
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North America Rail Traffic, Lumber: Jan – April 2020
The Association of American Railroads (AAR) reported yesterday U.S. rail traffic for the week ended April 4, 2020.For the week ended April 4, total U.S. weekly rail traffic was 429,095 carloads and intermodal units, down -15.9% compared with the same week last year. Total carloads for that week were 210,911 carloads, down -16.2% compared with…
