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Citi rates Treasury Wine Estates at neutral, noting underperformance to wider industry, as US retail sales fall 2% in October; exports to China down 26% year-over-year in Q3, but winemakers may be holding on to inventories in hopes of China tariff removal

Supply constraints drive up softwood lumber prices by 6% week-on-week to US$404 mfbm amid increased demand, lean inventory levels near end of year; sawmill orders stretch into December, with higher demand for Western SPF, Southern Yellow Pine: Madison's

Commentary: British Columbia could learn from Finland in forest management, though their forests differ significantly; ideas include creating detailed forest inventories using LiDAR data, incentivizing increased utilization of all biomass

US commercial crude oil inventories in week ended Nov. 24 increased by 1.6 million barrels from the previous week to 449.7 million barrels; inventories are slightly above the five year average for this time of year: EIA

Moody's: Growing rental inventory weakens home prices, and rising competition in housing market could lead sellers to reduce prices, especially high-end properties; mortgage rates could stabilize at 5%-6%, potentially boosting home sales

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