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North America Lumber and Panel Prices Settle Back to Normal Territory

North America Lumber and Panel Prices Settle Back to Normal Territory

While still high compared to recent years, US and Canadian lumber prices this week started to approach what could be considered normal territory . Inventories in the field remain lean, however sawmills have managed to get wood ordered in 2Q out to their customers and are now able to assess the assets in their own yards. Current Softwood Lumber Prices Compared to Recent and Historical Highs Recent mayhem in the lumber market, especially with prices, is starting to abate. Manufacturers…

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Canada Sawmills: April 2018

Canada Sawmills: April 2018

Lumber production in Canada rose +0.5% from March to 5,925 thousand cubic metres of lumber in April, said Statistics Canada Wednesday. Production was +2.5% higher than in April 2017. Sawmills shipped 5,807 thousand cubic metres of lumber in April, up +7.7% from March but -1.4% lower than in April 2017.

Canadian Softwood Lumber Sales to Domestic Markets and to Non-US Export Markets

Canadian Softwood Lumber Sales to Domestic Markets and to Non-US Export Markets

Recent tariffs, counter-tariffs, retaliatory-tariffs, and other major trade issues have people concerned. Softwood lumber is no different. In an effort to shine some light on what has been happening in this new fast-changing world of forestry we are now in, Madison’s produced a report in 1Q explaining a few things. Particularly the question of : Is there a Canadian price for lumber (excluding duty)? This is a very difficult question to answer properly. Madison’s approach was to look at recent…

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British Columbia Coastal Log Prices: May 2018

British Columbia Coastal Log Prices: May 2018

Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. DON’T MISS OUT, ORDER TODAY! British Columbia Coastal Log Prices, Monthly: 2013 to May 2018 (sample issue: March 2018) The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to…

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British Columbia Post-2017 Wildfire Update

British Columbia Post-2017 Wildfire Update

Further to our story last week https://madisonsreport.com/2018/05/24/british-columbia-log-and-timber-supply-update/ which detailed the latest data of timber loss for British Columbia following the terrible wildfires of 2017, this week Madison’s talked to wildfire ecologist Robert Gray for what turned out to be a rather gruesome update. Right now wildfire fighters in BC are battling a large numbers of forest fires, these almost entirely set by human activity. Northwest North America Post-Wildfire (Lack of) Strategy Readers will remember from last week’s issue, Albert Nussbaum…

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Advertise with Madison’s Reporter –> Directly Reach the Forest Products Industry!

Advertise with Madison’s Reporter –> Directly Reach the Forest Products Industry!

Madison’s Lumber Reporter is a weekly newsletter detailing current US and Canadian lumber and panel prices THE PREMIERE WEEKLY NEWSLETTER! LUMBER AND PANEL COMMODITIES TRACKED WITH A UNIQUE PERSPECTIVE • North American lumber and panel international cash prices updated weekly and on reader desktops every Friday • extensive coverage of Western and Eastern Spruce-Pine-Fir (SPF), coastal and inland species, Southern Yellow Pine, and more • a full page of Western Red Cedar–more cedar coverage than anywhere else Madison’s Lumber Reporter…

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Advertise with Madison’s Reporter –> Directly Reach the Forest Products Industry!

Advertise with Madison’s Reporter –> Directly Reach the Forest Products Industry!

Madison’s Lumber Reporter is a weekly newsletter detailing current US and Canadian lumber and panel prices THE PREMIERE WEEKLY NEWSLETTER! LUMBER AND PANEL COMMODITIES TRACKED WITH A UNIQUE PERSPECTIVE • North American lumber and panel international cash prices updated weekly and on reader desktops every Friday • extensive coverage of Western and Eastern Spruce-Pine-Fir (SPF), coastal and inland species, Southern Yellow Pine, and more • a full page of Western Red Cedar–more cedar coverage than anywhere else Madison’s Lumber Reporter…

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New BC Forest Licences

New BC Forest Licences

This week the British Columbia Ministry of Forests, Lands and Natural Resource Operations announced the creation a new type of forest licence that allows emerging, innovative forestry companies to more effectively respond to fluctuations in the supply of wood fibre. These licences will allow secondary manufacturers, such as pellet producers, to apply for supplemental forest licenses when they can’t get enough residual waste from their usual suppliers. The new Supplemental Forest Licence allows companies to harvest wood only when traditional,…

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Terrace Log Storage Yard Cleared Out

Terrace Log Storage Yard Cleared Out

A Chinese-owned forest company has now moved all of its logs from a city-of-Terrace-owned property and has cleared the site in northern BC, according to the Terrace Standard Tuesday. YaoRun Wood Company began leasing the approximately 20 acres from the city in early 2013 for $10,000 a month, storing logs there until they could be processed for export. A forest service official said the company has now relocated its log yard to Hazelton, BC. YaoRun ran afoul of local contractors…

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Illegal Timber Harvesting

Illegal Timber Harvesting

Illegal Timber Harvesting Fast on the heels of the US Lacey Act and Europe’s EUTR legislation prohibiting the import of illegally harvested timber, this week Australia officially approved it’s own similar law. Australia’s parliament on Monday passed legislation to ban the import and trade of illegally logged timber, joining the United States and European Union in clamping down on a global trade in stolen timber that Interpol says is worth about $30 billion a year, said Reuters Monday. The Australian…

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