Worldwide demand for North American hardwoods climbed faster than supply in October. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry kilns. The sales ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
One of North America's largest lumber producers said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made earlier this year amid tumbling demand and prices for ...
WINNIPEG, Manitoba (Reuters) - Canada's worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as ...
Lumber prices are down 24% from their mid-March peak amid subdued home-building activity. US housing starts and new building permits are on the decline this year, each falling 4% and 6% in May. The ...
(Bloomberg) -- US lumber prices, which already have risen in recent months due to lower production in Canada, could see further gains after President-elect Donald Trump’s proposed tariffs on trade ...
North American mills face tariffs and closures, Europe postpones new deforestation rules, and Russia’s forest sector enters a ...