3 min read
Exploring the Drop in 2Q Lumber Earnings
Recent earnings reports from major forestry companies paint a concerning picture for the lumber industry, with a noticeable decline in 2Q lumber...
Lumber Market (2)
2 min read
Big Hike in US Duties on Canadian Lumber Shifts More Weight of Weak Market to Canada
The US and Canada have had a long-standing trade dispute over softwood lumber. The US government has backed its lumber industry’s view that Canadian...
2 min read
Could Asia’s Pursuit of Greener Buildings Support Future Growth of North American Lumber Exports?
The United States and Canada have a symbiotic relationship regarding softwood lumber trade. The US heavily relies on Canadian lumber to meet its...
3 min read
Recent Developments in Finland's Forest Products Sector
In today's fast-paced global economy, staying updated on the developments within Finland's forest products industry is crucial. With its abundant...
2 min read
Analyzing North American Lumber Prices
In recent years, North American lumber prices have experienced significant fluctuations with prices in late 2023 nearing levels seen a decade ago. By...
3 min read
North American Softwood Lumber Production Down 5% as Demand Drops
As 2024 gets started, let’s take a few moments to reflect on how the North American lumber market moved in 2023. Across the board, we saw several...
3 min read
2023 Recap: SYP KD Lumber Prices Fall to 2019 Lows as Economy Slumps
As 2023 finishes out, SYP KD lumber prices have steadily fallen to levels not seen since 2019. With economic factors showing a potential recession on...
2 min read
2024 Outlook on Russian Exports in the Lumber Market
Russian exports in the global lumber market have changed substantially as their war against Ukraine continues. With the huge shift in exports from...
3 min read
SYP Lumber Prices Fall to Lowest Level This Year
Reported SYP KD lumber prices have dropped to the lowest level so far this year. According to ResourceWise data, the price dipped just under...
4 min read
Northeast US Forestry Update: Maine Feels the Squeeze of Market Dip
Like many forestry businesses across the US, those in Maine and the northeast are feeling the strain of a market downturn. Several factors have...
2 min read
Record Share of Lumber Production Now in US South
For years, the US South has continued gaining market share of North American lumber production. That production has now hit record highs across a sea...
3 min read
Lumber and Wood Price Index Dives with 26% Fall in Softwood
Continued economic downturn ripples across manufacturing. Sentiment is down somewhat, but the services sector is showing promise after an...