In 2024, Canadian softwood lumber exports to the U.S. totaled $5.1 billion, accounting for approximately 74% of the total ...
Lumber futures fell again Wednesday, dropping to their lowest prices since last autumn, before higher duties on Canadian imports and the threat of tariffs sent them soaring. Futures for September ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
My most recent Barchart article on the lumber market was in mid-August. September physical lumber futures were at the $530 per 1,000 board feet level. In that article, I wrote: Markets reflect ...
They say money doesn't grow on trees, but over the last year it did. Lumber prices skyrocketed to historic highs during the coronavirus pandemic, fueled by a demand for new homes and a surge in ...
In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
A red-hot housing market is sparking a record-breaking rally in lumber-tracking exchange-traded funds. The $393 million iShares Global Timber & Forestry ETF (ticker WOOD) has nearly doubled in the ...
PotlatchDeltic Corporation has seen declining revenues and FFO as Lumber prices have continued lower. The REIT trades at 70X FFO for 2023 and over 30X FFO for 2024. We go over one metric which still ...
At this time of year, the historical trend would normally be for lumber prices to be rising. Usually by mid-April the building activity for housing is ramping up, and sales volumes of construction ...
According to woodworking YouTuber Dave from DIY with Dave, the White House has imposed a 10% tariff on foreign softwood lumber and 25% on certain wood products like kitchen cabinets, vanities, and ...