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Recent Articles

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RBC highlights wood products news for the week (May 8): Lumber, OSB prices rebound after several weeks of declines, expected to rise over next five to seven weeks; British Columbia Wildfire Service warns of implications for wildfire season after dry April

APA releases 2022 Structural Panel & Engineered Wood Yearbook; it includes an analysis of US, Canadian, global economies, focusing on factors that impact demand for EWPs as a basis for forecasting expected production

RBC highlights wood products news for the week (May 2): Lumber, OSB prices rebound after several weeks of declines; Stora Enso divests Russian sawmills and forest operations; British Columbia more than doubles forestry revenue sharing with First Nations

RBC Capital: Reiterating Weyerhaeuser at outperform with US$45 target, noting in-line Q1 and seeing attractive total return profile for stock given strong results likely to fund supplemental dividend; company's outlook for lumber and OSB remains favorable

BMO downgrades Weyerhaeuser to market perform from outperform, noting strong lumber/panel markets and rising ESG interest, but shares could be weighed by rising mortgage rates; company also expects Q2 timberlands earnings to be significantly lower than Q1

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