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Looking Forward to 2020: Global Forest Industry
This year is not over yet, but it has been one of a never-before combination of circumstances. Dire circumstances. Storms, floods, fires, in residential areas and in the forest. Adjusting to the new economics of the business of making and selling lumber has not been easy. The economic reality of the condition of the harvestable…
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Biomass Fuel Developments, Research Update
There have been several developments, both industrial and scientific, in the exciting field of generating energy from woody biomass material. Here are a few updates:According to University of British Columbia Chemical and Biological Engineering Professor Xiaotao (Tony) Bi, wood pellets are the best choice for residential heating. Environmentally speaking, wood pellets are an ideal fuel…
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Overview of Current North American Softwood Lumber Market: 3Q 2019
Please find below the results of Madison’s most recent investigation into questions regarding a possible difference between North American softwood lumber prices into USA and those domestically within Canada, in view of the latest US softwood lumber duty, submitted to federal government of Canada (September 30, 2019): Download Full Report: Canada Domestic Softwood Lumber Price…
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Softwood Lumber Prices Stabilize, WTO Could Stall Next Week
On December 10th is the deadline for retirement of two of the three remaining Appellate Judges at the World Trade Organization, where there are currently disputes revolving around North American softwood lumber. This WTO appellate panel, which usually has seven people, now only has the legal minimum of three, until December 10. Following years of…
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Canada Railway Strike Ends, Softwood Lumber Prices Moderate Up
Thankfully the work stoppage on CN Rail ended — as of mid-day Tuesday — which was soon enough to avoid truly negative impact on Canada’s forest industry. After achieving dizzying highs in summer 2018, most standard construction framing dimension softwood lumber prices are now higher than last month and one year ago, while specialty lumber…
