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RBC Capital: WWPA softwood lumber stats in October show North American production down 4.8% year-over-year but up 0.6% month-over-month; NA consumption down 0.8% year-over-year, and US operating rate rose to 82% in October from 80% in September

US sawmills produced 3.093 bbf of softwood lumber in October, down 1.7% annually from 3.148 bbf, up 2.8% from September’s 3.008 bbf; Canadian lumber production at 1.753 bbf, down 9.8% annually from 1.943 bbf, down 3.1% from September’s 1.809 bbf: WWPA

US sawmills produced 2.995 bbf of softwood lumber in September, down 3.4% annually from 3.100 bbf, down 12.9% from August’s 3.437 bbf; Canadian lumber production was 1.809 bbf, down 6.1% annually from 1.926 bbf, up 1.6% from August’s 1.780 bbf: WWPA

US sawmills produced 3.434 bbf of softwood lumber in August, up 11.3% annually from 3.085 bbf, up 9.0% from July’s 3.149 bbf; Canadian lumber production in August was 1.780 bbf, down 4.5% annually from 1.863 bbf, up 14.1% from July’s 1.560 bbf: WWPA

Western US sawmills in November produced 1.078 bbf of softwood lumber, down 7.2% year-over-year but up 1.1% when compared with prior month: WWPA

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