-
US Softwood Lumber Imports: 1Q 2017
Read more: US Softwood Lumber Imports: 1Q 2017Offshore imports of softwood lumber to the US continued to climb in early 2017 after increasing 43 per cent in 2016, according to the Campbell Group’s monthly Timber Trends Thurday. As Canadian producers have shifted their focus to markets outside of the US, attention has turned to the supply side of the US softwood lumber…
-
Anti-Dumping Duty Rates announced — Softwood Lumber
Read more: Anti-Dumping Duty Rates announced — Softwood LumberAnti-Dumping Duty Rates announced — Softwood Lumber Canfor 7.72 percent Resolute 4.59 percent Tolko 7.53 percent West Fraser 6.76 percent All others (including Irving) 6.87 percent Lumber produced in NS, PEI, and NL, from timber harvested in those provinces, and so certified by the Atlantic Lumber Bureau, will be excluded from both AD and CVD.…
-
US Home Builder Confidence, Home Equity: June & 1Q ‘17
Read more: US Home Builder Confidence, Home Equity: June & 1Q ‘17Builder confidence in the market for newly-built single-family homes in the US weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released Thursday. Elsewhere, according to the Federal Reserve Board’s 1Q 2017…
-
US Housing Starts: May 2017
Read more: US Housing Starts: May 2017Total housing starts in the US declined in May after a few, strong early months to begin 2017. Total starts were down 5.5 per cent, falling to a 1.092 million seasonally adjusted annual rate, according to the joint data release from the Census Bureau and HUD Friday. Declines were recorded for both single-family and multifamily…
-
US Lumber Production Increases in March, Up Slightly in 1Q 2017: WWPA
Read more: US Lumber Production Increases in March, Up Slightly in 1Q 2017: WWPAUS lumber production increased 10.7 per cent in March compared to the month prior but declined 0.5 per cent from March 2016, according to statistics from the Western Wood Products Association’s Lumber Track. Production totaled 2.941 billion board feet (BBF) in March. Production in the West jumped 14.9 per cent over February, while output in…
-
US Construction Job Openings: April 2017
Read more: US Construction Job Openings: April 2017The count of unfilled jobs in the construction sector climbed in April, rising to the highest level since September of last year. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis released Monday, the number of open construction sector jobs stood at 203,000 in April. The cycle high was 238,000,…
-
Canada and US Softwood Lumber Update: 1Q ‘17
Read more: Canada and US Softwood Lumber Update: 1Q ‘17New data this week out of Statistics Canada, on Canadian softwood lumber production and sawmill sales, as well as from the US Department of Commerce, on US coniferous wood imports and exports, give an excellent update to the economic state of the North American forest products industry for 1Q 2017. According to figures Wednesday from…
-
Canada’s Lumber Market Forecast: Conference Board
Read more: Canada’s Lumber Market Forecast: Conference BoardFollowing its strongest showing in three years, production growth in Canada’s wood products industry is expected to moderate significantly in 2017 due to the incoming US trade restrictions on Canadian softwood lumber, according to The Conference Board of Canada’s Canadian Industrial Outlook: Canada’s Wood Products Manufacturing Industry, released Friday. Canada’s wood products manufacturers will see…
-
Canada Wholesale Trade, Lumber Exports: March 2017
Read more: Canada Wholesale Trade, Lumber Exports: March 2017Canada’s merchandise trade balance with the world narrowed to a $370 million deficit in April, from a revised $936 million deficit in March, said Statistics Canada Friday. Exports rose 1.8 per cent to $47.7 billion, led by higher exports of passenger cars and light trucks. Imports were up 0.6 per cent to $48.1 billion, on…
-
US Construction Spending, House Prices: April 2017
Read more: US Construction Spending, House Prices: April 2017Construction spending in the US during April 2017 was estimated at a seasonally adjusted annual rate of US$1,218.5 billion, 1.4 per cent below the revised March estimate of US$1,235.5 billion. Spending on private construction was at a seasonally adjusted annual rate of US$943.3 billion, 0.7 per cent below the revised March estimate of US$949.7 billion.…
-
Madison’s Forest Pulse: 1Q 2017 Data
Read more: Madison’s Forest Pulse: 1Q 2017 DataNorth American Sawmill Sales, Lumber and Log Supply and Production, Imports and Exports The latest data, some only just released from Statistics Canada, US Census, Industry Canada and others, is now combined into a sleek and concise visual format. Contact our office today for your subscription! Don’t miss out on this forward-indicator of Canada and…
-
US Lumber Imports, House Size, Home Sales
Read more: US Lumber Imports, House Size, Home SalesThe US imported a total of 8.456 million cubic metres of softwood lumber from Canada in 1Q this year which, according to the figures from the US Department of Agriculture, Foreign Agriculture Service (FAS), equates to a reduction of 16 per cent against last year. The FAS also recorded a reduction in US softwood lumber…
-
Certain Softwood Lumber Products from Canada: Proposed Scope Exclusions
Read more: Certain Softwood Lumber Products from Canada: Proposed Scope ExclusionsOn May 5, 2017, the Government of Canada submitted comments with the International Trade Commission and the US Department of Commerce regarding proposed scope exclusions currently under consideration in this latest round of Canada-US Softwood Lumber Dispute. The requested exclusions are for items not included in the 2006 Softwood Lumber Agreement and of remanufactured lumber products.…
-
Rayonier Advanced Materials to Buy Tembec
Read more: Rayonier Advanced Materials to Buy TembecIn a stunning move sure to overjoy shareholders, Montreal, QC’s, Tembec Thursday announced it is entertaining a takeover bid by Rayonier Advanced Ma- terials, based out of Jacksonville, FL. Tembec is selling to Rayonier for $4.05 a share in cash or the equivalent in Rayonier shares. The $320-million offer, which also includes the assumption of…
-
Latest Softwood Lumber Dispute Rumblings
Read more: Latest Softwood Lumber Dispute RumblingsThe federal government’s aid package for the Canadian softwood lumber industry is expected to go before cabinet Tuesday for final approval. Also, after newly appointed US Trade Representative Robert Lighthizer said this week that he hoped the issue could be resolved before the formal start of negotiations on the trilateral NAFTA trade agreement, according to…
