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Railcar Loadings, Lumber Production, and Sawmill Capacity Rates (video)
North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: US lumber production for Jan – May 2021 up +5.9% compared to the first five months of 2020. Canada lumber production for up +15.3% compared to one year ago. British Columbia lumber production up +24% in…
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US New Home Sales, Prices and Softwood Lumber Prices (video)
After reaching a record US$374,400 in May, the median sales price of a new home in the US moderated down to US$361,800. A phenomenal 76% of homes sold last month were either under construction or yet to be built. There were 676,000 new homes on the market in June, down -6.6% from 724,000 in May.…
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Softwood Lumber Market and Prices Update: August 2021 (video)
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…
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Madison’s Heating Wood Pellets Price report (monthly): July 2021
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…
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Canada and US Railcar Loadings: August 7, 2021
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…
