Staying even from the previous week, in the week ending October 28, 2022, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$480 mfbm, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$44, or -8%, from one month ago when it was US$524 mfbm.…

As October drew to a close, significant production curtailments at several large British Columbia lumber producers helped keep softwood lumber prices flat. Most of these operators cited high log costs vs lower lumber prices as the reason for taking this downtime. Meanwhile, it seemed that Weyerhaueser and the union came to an agreement, so the…

An early view of what Madison’s Lumber Reporter subscribers will see tonight when the 500 individual softwood lumber and panel commodity prices are updated in our dashboard: This small bump up in benchmark Western S-P-F KD 2×4 and 2×6 #2&Btr during a time of year when construction and building is usually slowing down — thus…

Into the latter weeks of October, mild weather in many of the densely-populated areas of the US provided the opportunity for an increase in construction activity. As such, demand for dimension lumber and other solid wood building materials brought a bump up in lumber prices, due to limited supply in the field. Sawmills and wholesalers…

After a strong showing in the first half of this year, US housing starts and US new home sales for September 2022 dropped, reversing a small recovery seen in August. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that new building activity…

The normal seasonal slowdown for construction and building activity in autumn brings a drop in lumber prices. However it is unknown how much impact rebuilding after the recent very severe storms along the east coast of North America, both on the Canadian Atlantic provinces and for the US south, will have on looming lumber demand…

Check back with the Madison’s website often for the latest updates for the latest developments and updates. In the week ending Sept 30, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$505 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by-$15, or -3%, from the previous week…

US housing starts and US new home sales for August 2022 sharply reversed the downward trend seen in the past few months since mortgage and interest rate increases hit the housing market. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that month-over-month…

North America Sawmill Capacity Utilization Rates: WWPA June 2022 US sawmill production as a per cent of practical capacity for January-June 2022 was down to 84%, compared to the first six months of last year when it was 87%, said the Western Wood Products Association’s monthly Lumber Track. Canada’s sawmill capacity utilization rate continued to…

As inventories in the field tightened up, many benchmark softwood lumber prices stayed flat in mid-September. Supply at producers was quite lean, providing sawmills the opportunity to keep prices flat as they boosted order files out to two weeks — which is quite strong for the time of year. For their part, wholesalers and other…

Global Wood Pellet Operations Update: Colossal US Senate Bill Includes Funding for Biomass In another show of political support for biomass as a renewable energy source in the inchoate fight against climate change, the US Senate recently passed a massive government spending bill that includes incentives for much of the biomass sector. Provisions aimed at…

It is normal for this time of year for North America construction framing dimension softwood lumber prices to be falling, as the bulk of main home building activity is finished for the season. There are times when the weather is good so a bump in Do-It-Yourself and home remodelling brings an increase in demand at…

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