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US Rail Car Loadings and Lumber Production: June 2021 (video)
After crashing horribly one year ago, North American softwood lumber production and sawmill capacity utilization rates finally recovered in March 2021, according to the Western Wood Products Association. As well, railcar loadings of Canada and US forest products show improvements over the terrible lows of one year ago. Check out Madison’s products: https://madisonsreport.com/products/ Subscribe to…
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US Housing Starts May & Softwood Lumber Prices June: 2021
US Housing Total and 1-Unit Starts May & Benchmark Softwood Lumber Prices June: 2021 The true building season has come on in Canada and the US, with the latest house construction activity showing big gains from the stark drops of one year ago when the COVID restrictions hit society. For May 2021, total residential starts…
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Softwood Lumber Prices Crack as Buyers Outwait Suppliers
June 9, 2021 — It is possible the top of softwood lumber prices has been reached, as the two-week standoff between sellers and customers ended with prices slightly down. Sales volumes continued quite small as most customers waited yet longer, in expectation that prices might come down. The latest lumber production and sawmill capacity utilization…
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The Latest Word on Softwood Lumber Prices and US Housing Market:
This week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June 11, 2020, dropped dramatically to US$1,275 mfbm (net FOB sawmill), down by -$325, or a full -26%, from last week when it was US$1,600 mfbm. https://www.linkedin.com/feed/update/urn:li:activity:6808899725845114880/?lipi=urn%3Ali%3Apage%3Ad_flagship3_detail_base%3BHCIhaF49Qie9zZehSq97ew%3D%3D After some waffling by suppliers, sharply decreased…
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Madison’s Softwood Lumber Prices June 11: Sneak Preview
Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices: After some waffling by suppliers, sharply decreased sales volumes, and strong push-back from customers, this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr, for the week ending June…
