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Lumber Prices Drop on Shortened Sawmill Order Files
Western S-P-F producers in the United States reduced asking prices on some of their more commonly-traded commodities in an effort to entice circumspect customers. And in Canada, while prices remained wildly variable and confusing to buyers, downward pressure was evident for Western S-P-F lumber items. As we approach the time of year when most of…
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Log and Lumber Exports: Full Year 2021
In Canada and the US, the interplay between timber harvest, log availability, log costs, and lumber production is as murky — and fascinating — as the interplay between lumber manufacturing and sales / prices, and construction activity. Full-year 2021 data is out for the supply side of the lumber industry. This data clearly demonstrates why…
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As Market Finds Balance Most Lumber Prices Remain Even
Softwood lumber buyers and sellers wrestled with price levels. While inventories in the field remained light, many customers were still waiting for wood they had ordered weeks ago, so were reluctant to buy given ongoing higher prices. Some secondary suppliers, at reloads and wholesalers, were offering wood at a discount to producers. Sawmill order files…
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Lumber Production and Sawmill Utilization: Full Year 2021
North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: For full-year 2021 softwood lumber production in the US was flat compared to 2020, at 37,153 mmfbm. Softwood lumber production in Canada for 2021 it was up +3%, to 23,711 mmfbm, compared to 2020. British Columbia,…
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US Housing Starts and Lumber Prices: Mar 2022
After dropping last month, February starts of single-family housing, the largest share of the market and construction method which uses the most wood, was 1.215 million annualized, up by +5.7% compared to January. Building permits are generally submitted two months before the home building is begun, so the expectation is that April single-family starts will…
