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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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Tree Migration: British Columbia Study Update

Tree Migration: British Columbia Study Update

New research from the University of British Columbia suggests evolution is a driving mechanism behind plant migration, and that scientists may be underestimating how quickly species can move. The study, published July 28 in the journal Science, builds on previous research that has shown some plants and animals are moving farther north or to higher altitudes in an effort to escape rising global average temperatures due to climate change. Artificial Migration of Trees New research from the University of British…

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Wildfire Season, North America 2016

Wildfire Season, North America 2016

Just as another terrible wild re season is upon Canada and the US, the Utah Department of Natural Resources’ newly developed, interactive site — www.utahwilfirerisk.com — allows users to search for and zoom into particular neighbor– hoods or recreation areas on a statewide map to see the wild re risk in that zone. It’s essentially the Google Maps of state wildfires, said the Salt Lake Tribune Friday. North American Wildfires 2016 The idea behind the state wildfire map is prevention….

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Wildfires

Wildfires

A wildfire in Southern California more than tripled in size overnight and forced officials to close a major highway, while another blaze in New Mexico had communities on edge after destroying two dozen homes, according to Reuters Friday. It grew from 1,200 acres (486 hectares) on Thursday night to more than 4,000 acres (1,619 hectares) early Friday, said Kerry Bierman, a spokesperson for the joint operations centre fighting the fire. Wildfires The California fire, which broke out on Wednesday in…

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Pacific North America Climate Leadership Agreement

Pacific North America Climate Leadership Agreement

The partnership with the governments of California, Oregon, and Washington State, along with ve other major cities along the West Coast — Los Angeles, Port– land, San Francisco, Seattle, and Oakland — could lead to some innovations in BC. Pacific North America Climate Leadership Agreement With a combined population of 54 million and a GDP of US$3 trillion, Alaska, British Columbia, California, Oregon, and Washington State are poised to emerge as a mega-region and global economic powerhouse driven by innovation,…

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Major Railway Trestle Bridge Fire in Alberta

Major Railway Trestle Bridge Fire in Alberta

Police in Mayerthorpe, AB, said the re that destroyed the CN Rail trestle bridge started under suspicious circumstances, according to CBC Wednesday. The re is the fifth the local RCMP detachment has been called to in the past 30 days. Crews responded to 17 res locally in the last seven days, all wildland or grass res. The largest and most serious re destroyed the CN bridge Tuesday, forcing the evacuation of the nearby school. CN Rail Trestle Bridge Fire CN…

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