LOS ANGELES
,
September 12, 2022
(Industry Intelligence Inc.)
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U.S. sawmills in June produced 3.323 billion board ft. (bbf) of softwood lumber, up 2.7% from the 3.235 bbf produced in June 2021, and up 6.1% compared with May 2022’s 3.131 bbf, according to the Western Wood Products Assn.’s Lumber Track report for June, dated September 9. Western U.S. sawmills in June contributed 1.264 bbf to the total, down 2.4% from the prior year’s 1.295 bbf, while output from Southern sawmills was up 6.4% year-over-year to 1.910 bbf from 1.795 bbf. Compared with May, Western sawmill production increased 5.3% and Southern output increased 6.7%. Apparent U.S. softwood lumber consumption in June was 4.602 bbf, up 0.8% from 4.567 bbf in June 2021 and up from 4.405 bbf in May. U.S. production as a percentage of practical capacity averaged 85% in June, unchanged from June 2021 and up from 84% in May. U.S. inventories in June were up 4.7% year-over-year to 3.151 bbf from 3.011 bbf. Canadian softwood lumber industry activity Canadian sawmills in June produced 1.875 bbf of softwood lumber, down 8.8% from June 2021’s 2.056 bbf, and down 3.5% from May’s 1.944 bbf. British Columbia mills accounted for 711 million board feet (mmbf) of the June total, down 12.9% compared with June 2021’s 816 mmbf and down 3.4% compared with May’s 736 mmbf. Sawmills east of the Rockies in June produced 1.164 bbf, down 6.1% from 1.239 bbf in June 2021 and down 3.6% compared with May’s 1.208 bbf. Apparent Canadian softwood lumber consumption in June was 646 mmbf, down 0.2% from June 2021’s 647 mmbf, and down 3.2% from May. Canadian production as a percentage of practical capacity in June averaged 71%, down from 80% a year ago and down from 77% in May. Canadian softwood lumber inventories in June were up 20.3% year-over-year to 3.340 bbf from 2.777 bbf. The primary source of this article is Lumber Track for June 2022, sent out by the Western Wood Products Assn., Portland, Oregon, on September 9, 2022
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