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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…
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Madison’s Weekly Construction Framing Lumber Prices Update: March 6 ’15
KD Fir Ordeal Dry fir traders observed another indeterminate week, as they waited for some constancy to appear in this wonky market. Pricing was a day-to-day, producer-to-producer affair. Even though demand in many key regions was nonexistent, mills will likely continue to produce more than necessary simply because logs are cheap and readily available. Following…
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Madison’s Weekly Construction Framing Lumber Prices Update: March 6 ’15
KD Fir Ordeal Dry fir traders observed another indeterminate week, as they waited for some constancy to appear in this wonky market. Pricing was a day-to-day, producer-to-producer affair. Even though demand in many key regions was nonexistent, mills will likely continue to produce more than necessary simply because logs are cheap and readily available. Following…
