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A late wildfire season hits British Columbia’s sawmill country hard
Lightening strikes cause several fires across BC’s southern interior but heavy rain is expected tomorrow: Normally the BC government would have put in the fire ban by this time of late-summer (no heavy equipment in the forest to prevent sparking a fire). Due to that the sawmills stock up with logs well in advance of…
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Softwood Lumber Prices Rise Further as North American Housing Starts Break Records
“Another spate of double digit softwood lumber price jumps underscored the ongoing insanity of lumber demand.” Softwood lumber prices just kept climbing last week as Canadian housing starts and home prices for July broke records. US housing starts this week were no different; new home building in the US increased +23% in July — the…
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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: MAY 2020
Compared to one-year-ago, for the first five months of 2020 softwood lumber production in the US was almost flat, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. For January to May 2020 US lumber production volume increased by just +0.7% to 14,825 mfbm compared to the first five months of…
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Madison’s Western S-P-F Softwood Lumber Prices Aug 13: sneak preview
Here is a SNEAK PEAK at tomorrow’s print benchmark Western Spruce-Pine-Fir (WSPF) softwood lumber prices: “Softwood lumber prices are just soaring up again with no end in sight according to all suppliers.” — Madison’s Lumber Reporter Surpassing any previous levels, the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4…
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Unceasing Demand Sends Softwood Lumber Prices Ever Higher
North American softwood lumber manufacturers, wholesalers, distributors, buyers, and end-users alike agree that this current supply-demand situation, and resulting steep price increases week-after-week, is truly unknown territory. Sawmills across Canada and the US are either running at full capacity or working to ramp-up production after the new social-distancing rules from the Covid-19 restrictions were put…