June 9, 2021 — It is possible the top of softwood lumber prices has been reached, as the two-week standoff between sellers and customers ended with prices slightly down. Sales volumes continued quite small as most customers waited yet longer, in expectation that prices might come down. The latest lumber production and sawmill capacity utilization…

This week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11, 2020, dropped dramatically to US$1,275 mfbm (net FOB sawmill), down by -$325, or a full -26%, from last week when it was US$1,600 mfbm. https://www.linkedin.com/feed/update/urn:li:activity:6808899725845114880/?lipi=urn%3Ali%3Apage%3Ad_flagship3_detail_base%3BHCIhaF49Qie9zZehSq97ew%3D%3D After some waffling by suppliers, sharply decreased…

Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices: After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June…

June 8, 2021 — As May rolled into June and following the dual long weekends of Victoria Day in Canada and Memorial Day in the US, lumber prices remained flat like they had been the previous week. However rumblings emerged which suggested prices might be going down soon. The main indication of possible lower prices…

There will be new bottom lumber price and 15 years of very robust building … FULL STORY: https://www.lesprom.com/en/news/There_will_be_new_bottom_lumber_price_and_15_years_of_very_robust_building_99039/ Last year in October, the price reached a high of around $1,000 mfbm. The previous high was around $550 in June of 2018, which lasted literally two weeks. In October and November 2020, we had the price…

The RAC tracks 11 commodity groupings moved by freight railways in Canada. A recent conversation about US railcar loadings got me thinking about similar data for Canada, thankfully the Railway Association of Canada recently released their 2019 report. In 2019, intermodal goods, minerals, and fuels and chemicals were the largest groupings of carloads transported by…

For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated due to the widespread shutdowns — and subsequent large reduction in rail volumes — that impacted many economic sectors last year at this time. The Association of American Railroads (AAR) reported May 26 US and…

Sales of new single-family houses in the US for April 2021 were at a seasonally adjusted annual rate of 863,000. This is down -6% from the revised March 2021 rate of 917,000 and again up an amazing +48% compared to the April 2020 rate, which was at a revised rate of 582,000. SUBSCRIBE to the…

Demand and prices were largely flat this week as players tried to figure out whether this latest lull was another mirage or not. WSPF producers in the US maintained order files at their sawmills into mid-June as multiple factors resulted in slower business and an evening out of prices. Large retailers reported marginally lower sales…

New-home purchases account for about 10% of the US housing market and are calculated when contracts are signed. They are considered a timely barometer of the current real estate market. US NEW Home Sales April and Benchmark Softwood Lumber Prices May: 2021 Sales of new single-family houses in the US for April 2021 were at…