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Lumber sector grapples with epic wildfires and melting highways
Traders of solid wood products reported slightly slower sales this week, however expressed surprise that the usually slow-down month of July started off with such strong volumes. Sawmills will embark on regular seasonal and maintenance curtailments over the next four weeks. Prices on most dimension lumber and panel items remained mostly flat this week, with…
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Madison’s 2Q 2014 Timber Industry Analysis and Projection
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Madison’s 2Q 2014 Timber Industry Analysis and Projection
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Sawmill Fire
Fire broke out at Godfrey Lumber Yard in Statesville, NC, Thursday night. Local firefighters reported a large fire upon arriving at the scene, and say that several county fire departments were called in to assist with the blaze. The Sheriff’s Office says the fire reignited early Friday morning. It was an approximately 100-by-150-foot building which…
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Focus on lumber: Norbord (T.NBD) named as a top 25 dividend stock
June 20, 2014 MADISON’S WEEKLY LUMBER MARKET UPDATE AND OVERVIEW Provided by: Madison’s Lumber Reporter www.madisonsreport.com Near-panic among North America’s lumber and panel traders was narrowly averted this week as customers came in heavily to buy solid volumes of wood and the previously-tanking futures board reversed direction absolutely, wrote Keta Kosman in Madison’s Lumber Reporter…
