Month: February 2024
186 posts
Lake States Business Trends
While lumbermen in the Lake States continued to steadily “move wood” through the fourth quarter of 2023, they agreed that “something must change” in order to hit the ground running in 2024. A Wisconsin source called the 2023 fourth quarter market “steady” but added that nothing is “booming.” “We are still moving most species except […]
Northeast Business Trends
Overall, lumber sources in the Northeast region said that their sales were better than they were six months ago. A lumberman in Maryland said that aside from White Oak remaining strong and with prices rising, he has noticed that Poplar and Red Oak have gotten harder to move. “Some species are easier to move and […]
Southeast Business Trends
Throughout the Southeast region lumber sources agreed that their markets are rather quiet, at the time of this writing. One source noted that while his sales are slow, he has started to receive more inquiries out of Asia than expected. In North Carolina, a sawmill representative said that his sales have been slower than they […]
Exports Tumble In 2023, But 2024 Holds Promise
With U.S. lumber exports currently down millions of board feet in traditionally large markets like China and Canada, members of the American Hardwood Export Council (AHEC) remain encouraged by growth from smaller buyers like Vietnam, the Middle East, India and Europe. Michael Snow, executive director of AHEC, recently noted at an end-of-year membership meeting that […]
West Coast Business Trends
Lumbermen on the West Coast recently spoke with nervous intrigue regarding the first quarter of 2024. At the time of this writing, three sources were slogging through a “sporadic” December that saw many lumber suppliers selling “order-to-order.” “Customers are concerned (with high interest rates) and everyone’s orders have slowed down,” said a Washington source with […]
