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North America

Canfor’s lumber shipments drop 14% in Q4 /18

Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]

Slower pace in US softwood lumber prices

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]

Is the weakness in the US housing starts a sign of economic recession?

A number of market analysts have pointed to signs of weakness in the U.S. housing market as an indicator [...]

Pinnacle Renewable Energy suspended production at wood pellet plant in Alberta

Pinnacle Renewable Energy announced that operations at its wood pellet production facility in Entwistle, Alberta, Canada, have been temporarily suspended [...]

John Deere posts considerable growth in construction & forestry segment

Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal 2019. Results are impacted [...]

Volume of US imports of China’s hardwood plywood falls 76%

US imports of hardwood plywood increased in volume by 11% in November but are still down 20% year to date [...]

Lumber exports from British Columbia to China start to go down, as demand decreases

British Columbia's lumber exports to China are decreasing, as the country's slowing economic growth traces demand for one [...]

US softwood lumber production on the rise, while Canadian output falls

U.S. sawmills produced 32.441 billion board feet (bbf) of softwood lumber in the first 11 months of 2018 [...]

Roseburg completed purchase of MDF plant in Arkansas

Roseburg Forest Products and PotlatchDeltic Corporation informed the market that they have completed the previously announced purchase and sale of [...]

Universal Forest Products to acquire Wolverine Wood Products

Universal Forest Products, Inc. announced that one of its affiliates has signed an agreement to purchase the operating assets of [...]