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Madison’s Next Generation: Still 100% Canadian Owned
Hello to Madison’s valued subscribers and contacts alike: Yesterday we emailed all users their own logins to the new Madison’s Lumber Price data tool via Forest2Market. Please watch your inboxes for this exciting announcement. You will be able to start using the tool right away, and on Friday morning will see it updated with the latest price…
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Huge Correction on the Softwood Lumber Futures Board, Cash Might Be Wallowing
A huge sell-off of futures this week took no one by surprise, then on Thursday a reversal to positive trades brought settlement this week to approximately US$555 but on minimal volume. In cash, prices wallowed at close to last week’s levels, with significant adjustments on some specific items as price sheets stabilized. The long-awaited…
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North America Softwood Lumber Production, Sawmill Capacity: March 2018
Softwood lumber production in Canada dropped -2.4% in January to March 2018, from 7,249 million board feet to 7,074 mmfbm for the same time last year, said the Western Wood Products Association’s monthly Lumber Track Wednesday, In the US, softwood lumber production increased by +2.7%, at 8,557 million board feet versus 8,333 million the first…
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Canadian International Merchandise Trade: Annual Review 2017
On June 6 Statistics Canada released data showing, on a quarterly basis, the value of Canadian exports of lumber and other sawmill and millwork products declined in 1Q (-2.2%) and 3Q (-6.4 %) 2017. Canadian export values of softwood lumber fluctuated substantially throughout 2017, as softwood lumber duty rates and coverage varied, said StatsCan. The modest increase…
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Politics Upends the Lumber Market
The unprecedented turned to the frankly surreal last week as Canada placed retaliatory duties on a wide range of US imports, including wood and paper products. The latest trade data, meanwhile, shows quite a glowing picture of product sales across the Canada-US border for 1Q 2018. Current Softwood Lumber Prices Compared to Recent and Historical…
