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Madison’s Weekly Lumber Market Comment
Read more: Madison’s Weekly Lumber Market CommentTrue summer-like days extended across North America this week as lumber and panel prices in the US and Canada floundered, writes Keta Kosman in Madison’s Lumber Reporter www.madisonseport.com Producers and wholesalers could not agree on the situation with the cash market; resellers claimed growing inventories and weak demand even as sawmills increased production. Prices of…
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BC Logger Fatality
Read more: BC Logger FatalityBritish Columbia RCMP in conjunction with the BC Coroner’s Service and Worksafe BC responded to a logging accident that claimed the life of a 35 year Nelson, BC, man Tuesday morning. At approximately 8:30 AM police were call to the accident which took place near the Smallwood Forest Service Road. It appears the man was…
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US wood pellet exports double in 2013
Read more: US wood pellet exports double in 2013Wood pellet exports from the United States nearly doubled last year, from 1.6 million short tons (approximately 22 trillion Btu) in 2012 to 3.2 million short tons in 2013, said a new report by the Energy Information Administration (EIA) reprinted by Penn Energy Friday. More than 98 per cent of these exports were delivered to…
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House Prices, US
Read more: House Prices, USHome prices in 20 US cities rose at a slower pace in the year ended in March as the housing market began to weaken at the start of 2014. The S&P/Case-Shiller index of property values increased 12.4 percent from March 2013, the smallest 12-month gain since July, after rising 12.9 percent in the year…
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India and Wood Products
Read more: India and Wood ProductsNearly 75 per cent of Myanmar’s timber trade is illegal, accounting for an estimated US$6 billion, according to the Myanmar Times. The majority of this timber has been exported to China, Thailand, and India — without processing. In the last 14 years, 8 million cubic metres of wood was traded without the permission of the…
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Plum Creek Sells
Read more: Plum Creek SellsPlum Creek Timber is selling about 50,000 acres of its Wisconsin land, most of it in Adams and Wood counties, to Timberland Investment Resources, said Mark Doty, Plum Creek community affairs manager, to the Wisconsin Rapids Tribune Friday. Plum Creek will continue to own about 11,000 acres in the state, with most of that land…
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Canadian Forest Product Company 1Q 2015 Results Comparison
Read more: Canadian Forest Product Company 1Q 2015 Results Comparison -
US Building Season 2014
Read more: US Building Season 2014The inside word with forest product industry players this year is that hot US remodelling and DIY activity, as well as continued stable demand for industrials, are keeping North American lumber supplies lean. Many agree that — barring an extreme circumstance — lumber manufacturing volumes have stabilized and solid wood prices have found a floor.…
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UK Rising Wood Imports
Read more: UK Rising Wood ImportsBritish imports of sawn and planed lumber have increased in value by 33 per cent, or almost EUR 50 million in the first two months of 2014, according to the latest figures provided by Eurostat. Imports from the European Union countries, which represent more than 90 per cent of all UK softwood lumber purchases, grew…
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Funding for Canadian Forest Equipment Technology
Read more: Funding for Canadian Forest Equipment TechnologyThe federal government needs to offer money, training and incentives to ensure a technological revolution in the forestry industry creates well-paid jobs at home rather than abroad, according to a new study Natural Resources Canada commissioned to find ways to support Canada’s billion-dollar forestry-equipment sector. Canada’s traditional forestry products — softwood lumber and pulp-and-paper —…
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