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Tag: softwood lumber

  • Japan Housing Starts: December 2017

    According to a report released by Japan’s Ministry of Land, Infrastructure, Transport and Tourism on January 31st, Japan’s housing starts in December 2017 were 76,751 units (down -2.1 per cent from the same month in the previous year), falling below the previous year’s results for six consecutive months, according to the Japan Lumber Journal Thursday.…

  • Canada Sawmills: November 2017

    Lumber production at Canadian sawmills fell -1 per cent from October, with sawmills producing 5,929 thousand cubic metres of lumber in November, said Statistics Canada February 8. Production was -1.5 per cent lower than in November 2016. Sawmills shipped 5,656 thousand cubic metres of lumber in November, down -3.9 per cent from October and -4.8…

  • Sticker Shock Restrains Buying but Lumber Prices Remain High

    The recent huge burst of buying slacked off this week as lumber futures descended from their up-limit of last week to crash down-limit Monday and trigger a stop-order on the Chicago Mercantile Exchange. In the cash market, customers — still reeling from sticker-shock last week — held off on buying unless absolutely desperate for fill-in…

  • Forestry Economics Paper : Madison’s co-author

    Madison’s is very excited to announce today just this first step in the fabulous range of *new* products and information streams we have coming online in the first half of this year! Parajuli Zhang Kosman_FPE 2018 https://www.sciencedirect.com/science/article/pii/S1389934117303209 Province specific impacts of the 2006 United States-Canada Softwood Lumber Agreement: A seemingly unrelated regression approach  Based on monthly data from January…

  • Resolute Forest Products CEO Steps Down

    A dearth of truckers in Canada is hindering shipments from Resolute Forest Products’ sawmills to its paper mills, outgoing Chief Executive Officer Richard Garneau said Thursday on an earnings conference call. The Montreal-based company slowed down production in December after the shortage and harsh winter conditions led to a lack of woodchips at its mills…