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Lumber Prices on a Runaway as Supply Continues Tenuous
A runaway lumber sales market surprised even Madison’s last week as Friday morning lumber futures on the Chicago Mercantile Exchange were cresting toward up-limit on the March contract, wavering at $480 but on small volumes. Actual support for lumber prices is definitely coming from the cash market, where under- stocked customers just keep coming back…
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Canada Lumber Production at Sawmills: October 2017
Lumber production rose 6.3 per cent from September to 5,991 thousand cubic metres of lumber in October, said Statistics Canada Wednesday. Production was 1.2 per cent higher than in October 2016. Sawmills shipped 5,884 thousand cubic metres of lumber in October, up 1.1 per cent from September and 0.3 per cent higher than in October…
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North America Sawmill Capacity, Production: October 2017
US sawmills produced 28.638 billion board ft. (bbf) of softwood lumber in the first ten months of 2017, another 4.3 per cent increase over last month, from 27.446 bbf from January to October the previous year, according to the Western Wood Products Association’s latest Lumber Track report Wednesday. CANADA AND US LUMBER PRODUCTION, SAWMILL CAPACITY:…
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NAHB 2018 International Builders’ Show®: January 2018
For the three days of the annual National Association of Home Builders 2018 International Builders’ Show® (IBS) last week, building industry professionals from across the globe discovered a variety of products and innovative concepts that are sure to enhance their businesses moving forward. For all of 2017, the US construction industry added 210,000 jobs, a…
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Williams Lake, BC, Sawmill Post-Fire Rebuild
Work is underway at Tolko Industries’ Lakeview Division in Williams Lake, BC, where the sawmill building was damaged by fire at the beginning of November. The Tolko board has approved the sawmill’s reconstruction, said Tom Hoffman, Tolko’s manager of external and stakeholder relations to the Quesnel Observer Tuesday. Williams Lake Sawmill Rebuild Tolko’s manager of…
