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Madison’s North America Heating Wood Pellet prices: Aug 2020
More Funding for Canadian and US Cellulose Biomass Fuel Projects North Dakota Power Provider Gets Biomass-Conversion Research Funding The Blue Flint ethanol power plant near Underwood, ND, recently received a US$155,000 grant to research and determine the feasibility of converting the 70 MMgy ethanol unit to biomass. Blue Flint currently sources water and steam from…
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Madison’s BC Coast Log Prices: August 2020
Madison’s North America Lumber and Sawmill Update: May 2020 Sawmill Capacity Utilization Rates The vast majority of logs sold, in British Columbia and elsewhere in Canada, go to the sawmilling industry for lumber production. It’s very interesting to watch the trend of log prices as a result of this latest lumber price volatility: US sawmill…
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US New Home Prices: July 2020
The median sales price of new houses sold in July 2020 was US$330,600. The average sales price was US$391,300 Very few new homes sold were under US$150,000 in April 2020. This is down from 30% in 2002. In general, the stock of homes for sale under US$150,000 bracket is going away. The surge in sales…
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Softwood Lumber Prices Continue Rising as US Home Building, Sales, and Prices Increase Sharply
Madison’s Lumber Reporter advises North American forest products manufacturers to put on their seatbelts, as the latest housing market data indicates no stop to relentlessly rising softwood lumber prices any time soon. Currently, sawmills in Canada and the US simply can not keep up with ongoing very strong demand for house construction in both countries.…
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US Existing Home Sales: July 2020
Earlier this month very strong US housing starts data surprised everyone: Single-family housing starts in the US for July 2020 were at a rate of 983,000, as in June up +17%. The number of residential projects authorized but not yet started also advanced, to 101,000 units in July, the biggest backlog since the end of…
