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Benchmark Softwood Lumber Prices Flat as Demand Flows to Alternate Commodities
Prices of benchmark softwood lumber items, like standard grade #2&Btr R/L stayed mostly flat for the week of March 5 — particularly on the west side — as customer demand flowed into other items. FOR THE WEEK ENDING MARCH 5 there was quite a pop in #3/Utility grade and #4/Economy prices across all species and…
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Canada and US Railcar Loadings: Feb 2021
The US Association of American Railroads (AAR) reported March 3 US and Canadian rail traffic volumes for February 2021. US railroads originated 824,636 carloads in February, down -11%, or 102,972 carloads, from February 2020. US railroads also originated 1,015,995 containers and trailers in February, up +2%, or 18,184 units, from the same month last year.Total…
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US Home Sales Jan and Softwood Lumber Prices Feb [video]: 2021 Madison’s Lumber Reporter
New-home purchases account for about 10% of the market and are calculated when contracts are signed. They are considered a timely barometer of the current real estate market. At a very unusual time of year, not when folks normally want to be preparing to move, sales of new single-family houses in the US for January…
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Prices Peak on Hot Softwood Lumber Demand
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North America Sawmill Capacity Utilization, WWPA: Full-Year 2020
For full-year 2020, the softwood lumber production volumes and sawmill capacity utilization rates in Canada dropped by a large degree compared to the previous year, while that in the United States remained much more stable. This latest data is very interesting because 2019 was not a great year for US housing starts and home building,…
