Tag: NYSE: WY

  • British Columbia Forestry Worker Strike Vote

    About 1,500 sawmill workers impacting 13 sites in northern British Columbia are expected to take a strike vote sometime in the next week or so, said the Williams Lake Tribune Tuesday last week. The move could impact all of Tolko Industries’ employees in the north (including both mills in Williams Lake, BC), half of all…

  • US Softwood Lumber Production: April 2018

    Softwood lumber production by US sawmills in the first four months of 2018 was 11.6 billion board ft. (bbf), a year-over-year increase of +5.5% from 10.980 bbf in the same period last year, reported the Western Wood Products Association in its latest Lumber Track report via IHB Monday. Western US sawmills contributed 4.899 bbf to…

  • Lumber Prices Sharply Reverse Recent Increases, Inventories Grow

    Both producers and secondaries now have more plump inventories than most of this year, making assessments of their own price lists somewhat easier. Buyers, well aware of this, are pushing back at sawmills with significant counter-offers. Those suppliers in a position to negotiate are accepting customer demands. Prices are responding toward accordingly. This week and…

  • This week Madison’s Lumber Reporter printed down on benchmark softwood lumber prices by quite a bit . . .

    Madison’s Lumber Reporter Published by Keta Kosman · 31 mins · This week Madison’s Lumber Reporter printed down on benchmark WSPF KD 2×4 #2&Btr #softwood #lumber prices by quite a bit. The most-often comment from sources was “prices tanking”. Now is the start of the annual seasonal curtailments in Quebec, and the forest fire ban…

  • Conference Board of Canada: Economic Effects of Tariffs

    Mentioned briefly in last week’s issue of your Madison’s Lumber Reporter, the Conference Board of Canada‘s latest Canadian Outlook Bulletin, released July 9, calls for the national economy to grow by +1.8 per cent in 2018–19 in the wake of a +3 per cent gain last year. “An easing pace of consumer spending, potential breakup…