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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…
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Edgewood Invests in Carrot River
The sawmill in Carrot River, SK, is getting an upgrade that its owner says will create 50 new jobs, according to CBC Thursday. Edgewood Forest Products said it will spend $25 million to replace existing equipment. The company said the new equipment will expand operations and reduce log-processing costs. The equipment is expected to be…
