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Softwood Lumber and US Housing Market: 2020
The start of a new year, not to mention new decade, always heralds annual wrap-ups and predictions for the coming year. The end of last year did bring some clarity to several economics questions that had proved murky since mid-2018. For their part, construction framing softwood lumber prices ended 2019 generally even compared to the…
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Global Softwood Lumber Trade Complications
The biggest issue by far for Canada’s forest products industry as 2019 comes to a close is: complications to global trade.There are two major unknowns right now; one in each of the political arenas Canada uses to battle the never-ending disputes with the United States over softwood lumber duties. At the World Trade Organization, where…
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Madison’s Western S-P-F Lumber Prices Dec 19: 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 tomorrow’s benchmark WSPF prices: After staying flat for the past three weeks, The wholesaler price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr for…
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US Housing Starts vs Softwood Lumber Prices: 3Q 2019
Housing starts in the US grew +3.2% in November to a seasonally adjusted annual rate of 1.365 million and the pace for October was revised upward, according to the Department of Housing and Urban Development and the Department of Commerce December 17. Median US House Sales Price vs Benchmark North American Construction Framing Dimension Softwood Lumber Prices: 2016 –…
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US Housing Starts Rise Again, Softwood Lumber Prices Remain Flat
It was not a surprise to Madison’s Lumber Reporter Tuesday morning when the latest US housing starts data showed continued improvement. Such a strong end to what turned out to be a pretty good year for North American construction framing dimension softwood lumber prices — after a terrifying start — bodes well for 2020. This…
