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US Forest Products Industry: 2015 USDA Report
This week the US Department of Agriculture, via the US Forest Service Southern Research Station, released it’s report, “The Global Position of the US Forest Products Industry”. The Key Findings for the solid wood manufacturing sector in this latest US Forest Service report are: • the US share of global wood products output peaked in 1998…
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US Lumber Demand, Consumption, and Sawmill Capacity Utilization
A recent article about lumber price correlation with US stock values piqued Madison’s curiosity. While there are excellent insights, the conclusion drawn in inaccurate. That is to say: the data is being interpreted incorrectly. “U.S. Stocks: Timber!” http://seekingalpha.com/article/3095836-u-s-stocks-timber “Since the outbreak of the financial crisis in the summer of 2007 and also in the years…
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US Lumber Demand, Consumption, and Sawmill Capacity Utilization
A recent article about lumber price correlation with US stock values piqued Madison’s curiosity. While there are excellent insights, the conclusion drawn in inaccurate. That is to say: the data is being interpreted incorrectly. “U.S. Stocks: Timber!” http://seekingalpha.com/article/3095836-u-s-stocks-timber “Since the outbreak of the financial crisis in the summer of 2007 and also in the years…
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Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
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Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
