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North America

Russia-Ukraine war aggravated already-soaring N. American lumber prices

North American umber prices are continuing to surge amid Russia's invasion of Ukraine, and traders could soon see even [...]

US lumber price sits near last year high

A 50% technical retracement of the move from the May 2021 high to the August low is $1,099.60 [...]

Canfor expects N. American and European lumber markets to remain strong in Q1/2022

Canfor Corp. said on Tuesday it expects North American and European lumber market fundamentals to remain strong in the first [...]

Ponsse, John Deere Forestry suspend operations in Russia

Today, Ponsse Oyj has decided to suspend all export operations to Russia and Belarus for the time being. The decision [...]

West Fraser temporarily adopts three day work week at B.C. sawmills

West Fraser is temporarily rolling back its operating schedule at lumber mills across B.C., impacting more than 700 employees [...]

Canfor completes acquisition on Millar Western Forest Products

Canfor Corporation announced that it has finalized and completed the purchase of Millar Western Forest Product Ltd.’s solid wood [...]

B.C.’s biggest forestry companies target U.S. lumber barons

A handful of American lumber barons’ heirs stand to cash in for well into the near future, as investment banks [...]