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North America

Has the ‘market tipped’ in US? Lumber prices finally fall

The futures price for lumber peaked in early May. But the "cash" price (the price sawmills charge distributors and wholesalers [...]

N. American lumber prices mostly flat

For the first time since October 2020 lumber prices for the week ending May 21st were flat, on almost all [...]

Impact on global markets of Russia’s log export ban

Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets.  [...]

Sharp rise in European softwood lumber to the US

    A booming demand in the US doubled by insufficient wood availability on the North American continent [...]

US Commerce Chief wants long-term lumber deal with Canada

U.S. Commerce Secretary Gina Raimondo said she wants to find a “long-term solution” to Washington’s long-running [...]

Interfor to acquire four sawmills from Georgia-Pacific

Interfor Corporation announced on Thursday, May 27, 2021, that it has reached an agreement with Georgia-Pacific Wood Products LLC [...]

US lumber sales down as buyers refuse to pay higher prices

Lumber prices rose yet again for the week ending May 14; however, volumes sold were lower as customers refused to [...]

N. American sawmill production capacity at highest levels since Great Recession

North American softwood sawmill capacity increased by 1.4 billion board feet in the last year, according to Forisk. Most [...]

US lumber producers applaud the doubling of tariffs, homebuilders angry

The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering [...]

U.S. Commerce Department to double tariffs on Canadian softwood lumber

The U.S. Department of Commerce issued its preliminary determination in the second administrative review of Canadian softwood lumber imports [...]