Tag: SJ.TO

Is the softwood lumber supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often: SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Compared to the price one-year-ago, when it was US$746 mfbm, for the week ending August 13, 2021, the price of Western S-P-F KD 2×4 was down by -$307 or -41%. Madison’s…

Canadian Biomass Production Expected to Grow in 2021  A July 8 report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network (FAS GAIN) indicates an expected increase in Canadian wood pellet production to 3.8 million metric tons (MMT) in 2021. Production volumes are expected to grow by roughly 300,000 metric tons from 3.5…

The Association of American Railroads (AAR) reported August 11 US and Canadian rail traffic volumes for July and for the week ending August 7, 2021. US railroads originated 1,970,839 combined carloads and intermodal units for the month of July 2021, up another +3.8%, or 71,419 combined, from one year ago.US railroads originated 509,607 carloads and…

Softwood lumber demand was anemic the week of August 13 and prices continued to correct; many players were on vacation. Western S-P-F: USA WobblySuppliers of Western Spruce-Pine-Fir lumber and studs in the United States continued to struggle with every deal as buyers were cagey in view of wobbly pricing.Western S-P-F: Canada VaccilatePrices kept coming off…

Continuing drops seen in May, sales of new US single-family homes fell in June as the median price of newly built houses softened somewhat but remained high compared to previous months and compared to one year ago. The U.S. Census Bureau and the US Department of Housing and Urban Development released July 26 new home…