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Stand-Off Between Suppliers and Buyers Continues as Lumber Prices Remain Flat
June 8, 2021 — As May rolled into June and following the dual long weekends of Victoria Day in Canada and Memorial Day in the US, lumber prices remained flat like they had been the previous week. However rumblings emerged which suggested prices might be going down soon. The main indication of possible lower prices…
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Madison’s Lumber Reporter featured on Lesprom
There will be new bottom lumber price and 15 years of very robust building … FULL STORY: https://www.lesprom.com/en/news/There_will_be_new_bottom_lumber_price_and_15_years_of_very_robust_building_99039/ Last year in October, the price reached a high of around $1,000 mfbm. The previous high was around $550 in June of 2018, which lasted literally two weeks. In October and November 2020, we had the price…
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Canada Forest Products Railcar Loadings: 2018-2019
The RAC tracks 11 commodity groupings moved by freight railways in Canada. A recent conversation about US railcar loadings got me thinking about similar data for Canada, thankfully the Railway Association of Canada recently released their 2019 report. In 2019, intermodal goods, minerals, and fuels and chemicals were the largest groupings of carloads transported by…
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Canada and US Railcar Loadings: May 22, 2021
For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated due to the widespread shutdowns — and subsequent large reduction in rail volumes — that impacted many economic sectors last year at this time. The Association of American Railroads (AAR) reported May 26 US and…
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US New Home Sales, Prices April and Lumber Prices May: 2021 (video)
Sales of new single-family houses in the US for April 2021 were at a seasonally adjusted annual rate of 863,000. This is down -6% from the revised March 2021 rate of 917,000 and again up an amazing +48% compared to the April 2020 rate, which was at a revised rate of 582,000. SUBSCRIBE to the…
