N. American lumber producers are cutting back production, a signal that higher interest rates are taking root

A growing number of Canada’s largest producers, including Canfor Corp. and West…

Canfor reduces production capacity in B.C. due to market conditions

Canfor Corp. is temporarily cutting production in British Columbia due to what it says are challenging market conditions. The lumber producer says it is taking a two-week curtailment starting Sept. 26 at the majority of its solid wood facilities in … Continue reading → The post Canfor reduces production capacity in B.C. due to market conditions appeared first on Timber Industry News.

Lumber prices drop as September marches on: Madison’s

Lumber prices drop as September marches on: Madison’sJennifer Ellson It is normal…

B.C. opens third intake for mass timber construction funding

As Mass Timber Demonstration Program (MTDP) projects from Vancouver…

Post-Labour Day brings stable lumber prices: Madison’s

Historically for the softwood lumber and panel market, the…

Trends in the global wood markets: What to expect for the end of the year?

Trends in the global wood markets: What to expect for the end…

Lumber prices fall as US mortgage rates hit 14 year high

North American lumber prices fell Wednesday as US mortgage rates hit the highest…

Estonia: Some sawmills face closure due to fall in demand and high energy prices

Some Estonian sawmills may need to close by year end, at least…

Canada’s softwood lumber export price drops sharply in July

In July, the average price for softwood lumber exported from Canada decreased 15.5% compared to the previous month at $267 per m3. This is 26.8% cheaper than a year ago, when it was $364. Canada’s exports of softwood lumber dipped 2.3% …

Softwood lumber prices continue to drop in North America

Lumber prices usually drop around Labour Day (September 05) then keep falling until US Thanksgiving (late November), which normally marks the lowest prices of the year for wood products. Of course, we have not been in a normal year since … Continue reading → The post Softwood lumber prices continue to drop in North America appeared first on Timber Industry News.