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Lumber Market

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...

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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...

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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...

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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...

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Line chart showing North American softwood lumber production in 2022 and 2023

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...

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Maine Acadia Park forest and water.

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...

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Line chart of ISM Performance Indexes for service and manufacturing, 2008-2023.

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...

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Bar graph of sawlog price changes in Europe 2020 to 2022. Central Europe had the largest growth at an average of 90%.

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...

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US South pine forest full of trees thanks to a current softwood surplus.

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...

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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...

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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...

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1 min read

As Lumber Prices Plummet, Manufacturers are Asking 2 Important Questions

The North American softwood lumber market remains highly volatile, and the sawmill industry is being forced to react and evolve quickly. Finished...

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