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Canada and US Forestry Data: Full Year 2017
Data of volumes and values of North American forestry production, sales, and exports is starting to emerge out of Statistics Canada, Industry Canada, and the US Census. Of intense interest is Canadian softwood lumber production for full-year 2017. Now that the average approximately 20% US lumber duties are in effect, the movement of wood last…
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Sawmills Invest, Buy, Expand
Atlanta, GA’s, BMC Stock Holdings will acquire the business of W.E. Shone, the leading supplier of building materials in Delaware, said the company in a press release Wednesday. Tolko Industries, out of Vernon, BC, announced also Wednesday it has partnered with Louisiana-based Hunt Forest Products to build a state-of-the-art sawmill near Urania, LA. Elsewhere, Alabama’s…
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Canada Lumber Exports, Not to USA
The China section of Canada Wood Group wrote February 6 that from January to November 2017 China’s forestry fixed asset investment totalled RMB 204.1 billion (C$40.13 billion), representing +3.2 per cent growth year-on-year. During the same period wood volumes imported via Taicang Port equalled 10.29 million cubic metres, which is equal to a +27.18 per…
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Canada Sawmills: November 2017
Lumber production at Canadian sawmills fell -1 per cent from October, with sawmills producing 5,929 thousand cubic metres of lumber in November, said Statistics Canada February 8. Production was -1.5 per cent lower than in November 2016. Sawmills shipped 5,656 thousand cubic metres of lumber in November, down -3.9 per cent from October and -4.8…
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Sticker Shock Restrains Buying but Lumber Prices Remain High
The recent huge burst of buying slacked off this week as lumber futures descended from their up-limit of last week to crash down-limit Monday and trigger a stop-order on the Chicago Mercantile Exchange. In the cash market, customers — still reeling from sticker-shock last week — held off on buying unless absolutely desperate for fill-in…
