The latest issue of the Western Wood Products Association’s monthly Lumber Track, for February 2019 – February 2020, shows US lumber production volumes continued previous improvement, this time up by +4.2% over the previous year, to 6,108 mmfbm.
February 2019 – February 2020 Canada softwood lumber production has not yet been released by Statistics Canada, but Madison’s would expect it to show similar upward trajectory.
USA Softwood Lumber Production: Feb 2020
USA Sawmill Capacity Utilization Rates: Feb 2020
Sawmill production as per cent of practical capacity in the United States for February 2019 – February 2020 jumped significantly, by +5%, from 83% to 88%, said the Western Wood Products Association’s monthly Lumber Track.
Canadian sawmill production as per cent of practical capacity data was not available in time for publication.