-
US Construction Spending: June 2020
Construction spending in the US decreased -0.7% from the previous month to a seasonally adjusted annual rate of US$1.355 trillion in June of 2020, following a downwardly revised -1.7% fall in May said the US Commerce Dept Monday. Spending on private construction projects slipped -0.7%. Spending on residential projects fell -1.5%, offsetting a +0.2% gain…
-
Sales of Softwood Lumber Remain Strong During Usual Seasonal Slowdown
At a time when end-users have usually received delivery for expected building needs until after September, demand for North American construction framing dimension Softwood Lumber remained strong last week. Already with order files into the end of September, sawmills quoted higher on prices for product that was nowhere near a production date. Customer inventories were…
-
Madison’s Weekly Softwood Lumber Prices
MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Softwood lumber sales roared back to life last week as lumber prices reached truly dizzying heights.” Prices updated August 4, 2020 (CLICK TABLE TO ENLARGE) #softwood #lumber #sawmill #wood #forest #forestry #building #construction #housing #UShousing
-
Industrial use of heating wood pellets reduces greenhouse gas emissions
Biofuel Boilers Increase Greenhouse Efficiency A small organic greenhouse operation in Prince Edward Island is leading the charge to show how biofuel boilers can make greenhouse food production more efficient and less carbon-intensive. Atlantic Grown Organics was using four boilers to heat their four acre greenhouse, burning by-products from a local oilseed processing plant in…
-
Madison’s BC Coast Log Prices: July 2020
Madison’s North America Lumber and Sawmill Update: June 2020 Lumber Price Increases The vast majority of logs sold, in British Columbia and elsewhere, go to the sawmilling industry for lumber production. With this year’s lockdown due to COVID19 then ramp-up of manufacturing, lumber prices swooned down drastically in spring and are now surging back up…
