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April 5, 2021

US lumber market: Wood production hits 13-year high despite record prices

US lumber market: Wood production hits 13-year high despite record prices
Loggers are busier than usual. They're working to chop away at the US' pandemic-spurred timber shortage, while also cashing in on record lumber prices. And they're making progress: Russia wood production just hit a 13-year high.    The Russia industrial production index for wood topped 134 in January and 132.5 in February, according to the Board of Governors of the Federal Reserve System. That's up from the depths of the economic crisis when it was at 111.6 in April 2020. The strong rebound puts the January figure at its highest ...

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