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CIBC Chopping Block (March 23): Lumber prices move higher, supported by better weather, with W. SPF up 2.2% week-over-week to US$368/mbf, SYP 2x4 up 2.2% to US$500/mbf; DIY end-markets remain robust, evidenced by healthy purchases from box stores/treaters
Published:
March 28, 2023
by CIBC World Markets Inc.
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US, in past 10 years, has consumed 38% more lumber on average than it produced annually; but recent policies threaten Canada's position as a preferred forestry trading partner, while European lumber exports to US have doubled since February 2021: FPAC CEO
Published:
March 27, 2023
by Forest Products Association of Canada (FPAC)
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Price of benchmark framing dimension lumber grade Western SPF 2x4 #2&Btr KD (RL) in week ended March 24 up 4% from prior week to US$380/mbf, down 73% year-over-year: Madison's
Published:
March 27, 2023
by Madison's Lumber Reporter
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Sawmills, environmentalists swap sides on Washington state's carbon bill; once seen as a threat to mill timber supplies, amended bill directs DNR to keep logging state lands while earning new revenue from selling forestry carbon credits
Published:
March 27, 2023
by Chinook Observer
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Mayor of Houston, British Columbia, calls on province for economic assistance as forestry communities adapt to rapidly changing environment; closure of Canfor sawmill is imminent but Shane Brienen stresses 'Houston's future is not tied to one industry'
Published:
March 24, 2023
by Smithers Interior News (BC)
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