Following the trends of the previous month, US sawmill capacity utilization rates dropped again in September 2020 compared to August, while those in Canada improved from the previous month.
Compared to one-year-ago, for January – September 2020 softwood lumber production in the US remained higher than last year, up another +3.3%, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. In the first nine months of this year, US lumber production volumes were 27,398 mfbm compared to the same time in 2019 when it was 26,534 mfbm. Comparing the month of September to August 2020, US softwood lumber production fell by -3.4%, at 2,986 mfbm for September 2020.
Last month’s update here: https://madisonsreport.com/2020/11/12/north-america-softwood-lumber-production-sawmill-capacity-utilization-wwpa-august-2020/
Canadian softwood lumber production for most of 2020 was significantly lower than usual, but has started to recover manufacturing volumes in the latter months of this year.
While still lower than the norm, softwood lumber production in Canada improved somewhat in September. Manufacturing volumes were down -7% for the first nine months of 2020, to 17,085 mfbm, compared to January – September 2019 when it was 18,361 mfbm. Comparing the month of September to August 2020, Canada softwood lumber production improved significantly, up by +9.4%, at 2,129 mfbm for September 2020 compared to 1,946 mfbm the previous month.
Specifically, British Columbia sawmill production volumes for year-to-date 2020 kept falling, down by another -13% to 6,577 mfbm compared to January – September 2019 when it was 7,564 mfbm.
North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: September 2020
US sawmill production as per cent of practical capacity for January to September 2020 remained flat yet again, at 85%, as it was in the first nine months of 2019, said the Western Wood Products Association’s monthly Lumber Track.
Canadian sawmill production as per cent of practical capacity improved further in September 2020, to 86% compared August when it was 79%.