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Recent Articles

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RBC highlights wood products news for week of June 10: Lumber and OSB prices decline; average size of single-family homes started in Q1 down 4.9%, marking largest year-over-year decrease since Q2 2009, mostly reflecting affordability pressures

Architectural Millwork in Eugene, Oregon, reports sawdust fire on June 10, with no reported injuries; fire originated in a hopper, but is still under investigation

RBC lumber pricing update (June 6): SYP 2x4 flat, with markets remaining well-supplied despite pricing being below break-even for most producers; W. SPF 2x4 down US$6/mbf to reach lowest level since October 2023, as slow pace of activity continued

RBC midweek wood products pricing update: Activity remains slow, as lumber prices show modest changes, OSB activity decelerating compared to recent weeks; R&R spending could ease slightly in 2024, but return to growth in 2025 with easing interest rates

Vermont launches US$3M forestry loan program to provide loans of up to US$500,000 with subsidized interest rates for loggers, foresters, haulers, biomass producers, sawmills, wood product manufacturers to use for working capital, equipment, refinancing

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