Lumber output dropped to 912 million board feet as the company is proceeding with a previously announced 26% production cut; ...
North American housing weakness, high duties, and soft global pulp prices drive lower production and margins across all ...
When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
Lumber futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, in a sign that it could get a lot more expensive to build a house or a ...
At this time of year, the historical trend would normally be for lumber prices to be rising. Usually by mid-April the building activity for housing is ramping up, and sales volumes of construction ...
especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector.
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
West Fraser’s lumber segment accounts for over 45% of revenue and sells a variety of construction and specialty grade dimension lumber. West Fraser mainly sells Western Spruce, Pine, Fern, or SPF, and ...