Lake States Trends – February 2024

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 […]

Lake States Trends – February 2024

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 – February 2024

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 – February 2024

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 […]

West Coast Business Trends – February 2024

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 […]

Ontario Business Trends – February 2024

In advance of the 2023 Holiday season and into New Year’s, sawmills sawed more lumber ahead of this period. Many secondary manufacturers took extended breaks during this time in most areas on both sides of the border. This resulted in lower demand for raw materials. In certain areas, obtaining logs and pricing were a challenge […]

Quebec Business Trends – February 2024

Another year has begun and the Hardwood industry is busy, striving to improve efficiencies, boost margins, deal with supply chain shortages, rising interests rates, expand their sales while serving established customers and vying for new ones, all in the hopes of increasing profits. Contacts remain cautiously optimistic that business will improve this year as they […]

Northeast Business Trends

Three Northeastern lumber distributors shared a common thread regarding the state of the industry through the final quarter of 2023.Each source also had a unique perspective and regional insight into other issues they face in their markets. According to each Softwood source, high interest rates for new home buyers and the post pandemic economy resulted […]

Inland West Business Trends

Inflated interest rates, an ambling housing market and the imminent wintry weather cycle were cited by industry sources as culprits in the lukewarm final quarter of 2023. Interest Rates Calling the current market “God awful,” a Montana lumberman narrowed down the source to growing interest rates, which many believe has made customers reluctant to build […]

Midwest Business Trends

Sources throughout the Midwest region are all in agreement that sales are steady for this time of year and that the market appears to be entering back into traditional seasonal trends. In Missouri a lumber spokesperson noted that his marketplace is doing surprisingly well at this time of year. “I would say that our sales […]