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...
Lumber Market (3)
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...
2 min read
SYP 2023 Lumber Prices Remain Low with Uncertainty on Interest Looming
SYP wood pricing trickled up slightly as 2023 started. However, expected interest hikes by the Fed and murmurings of a recession may keep 2023 lumber...
2 min read
Europe's Sawlog Prices Nearly Doubled in Past 2 Years
Sawlog prices in Central Europe have almost doubled in the past two years — the highest increases on the continent. Over the past two years, sawlog...
2 min read
Decrease in US South Timber Surplus May Yield Increased Sawlog Prices
The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In...
2 min read
Southern Lumber Prices Continue to Inch Down
After jumping 12% in August due in large part to strong demand from the multi-family construction sector, US housing starts dipped by 8% in...
3 min read
WRI Market Insights: Global Softwood Lumber Markets
Global trade of softwood lumber slowed in early 2022, in particular lumber headed to China, the US, and Germany, where import volumes were down in...