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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: Aug 2019
After flattening out last month, the latest issue of the Western Wood Products Association’s monthly Lumber Track, for January-August 2019, shows US softwood lumber production volume continues almost flat from the same time last year, to 23,737 mmfbm. Like last month, January – August softwood lumber production in Canada continued big drops through most of…
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Global Heating Wood Pellet Demand: Current and Projection
The size of the global wood pellet market for 2019 was estimated to be valued at over US$8.5 billion, and is estimated to exhibit over 10% CAGR from 2019 to 2025, said Global Markets Insights October 2019. Over 22 million tons of wood pellets were shipped globally in 2018, up 21% from 2017. The US,…
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Madison’s Western SPF Lumber Prices Nov 7: sneak preview
The full Madison’s Lumber Reporter North America softwood lumber price list will be updated as usual first thing Friday morning Eastern time, however here is a sneak peak at benchmark WSPF prices: After jumping another +$18 last week, The price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr stayed flat this week, Nov…
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US Construction Job Openings, Construction Spending: Sept 2019
Data released Monday from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings in the US increased in September 2019 on a year-over-year basis. The estimated number of job openings declined from the August total to 338,000 in September, after reaching a post-Great Recession high of 434,000 in April. The September 2019…
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Softwood Lumber Prices Pop Higher as Seasonal Winter Slow-Down Looms
Veteran solid wood processors and sellers like to say, “Labour Day is the beginning of the end, and US Thanksgiving is the end of the end” for large-volume lumber sales. The business of manufacturing and distributing North American construction framing dimension softwood lumber is directly tied to US home building and remodelling activity. As darkness…