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Recent Articles

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Weyerhaeuser says its last offer to end US Northwest strike was 'very competitive', disagrees with how it has been portrayed; company seeks to ensure it can continue to pay competitive wages/benefits, keep operations safely running, in tough conditions

Interfor to acquire New Brunswick's Chaleur Forest Products from Kilmer for C$325M; Chaleur owns two sawmills with combined production capacity of 350 mmbf/year, and a woodlands management division that manages some 30% of province's total Crown forest

Weyerhaeuser strike takes toll on Cottage Grove, Oregon, workers as health insurance ends, and some fear strike will have a long-term impact on lumber mill; Weyerhaeuser offered new proposal at latest meeting on Sept. 30 that union will review this week

Southern yellow pine lumber prices inch down in last week of September; Forest2Market's composite SYP price for week ended Sept. 30 at US$500/mbf, down 1.0% from prior week's US$505/mbf and up 1.4% year-over-year

Forest Economic Advisors: Lumber prices expected to keep dropping into 2023; demand to see lull last into next year, but will surge by end-2023 due to pent-up demand for affordable housing, while US aging housing stock means more lumber for renovations

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