by ssbhayani | Mar 15, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, WEF.TO, WFT.TO
Chicago Mercantile Exchange launched updated futures trading in August 2022 under the ticker LBR CME Group launched a new lumber futures contract on August 8, 2022. The new derivative is said to feature a more precise hedging acumen and is designed to be more...
by ssbhayani | Mar 15, 2023 | #madisonReporter, #ushousing, ADN.TO, Blog, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber NewsFeed, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, WEF.TO, WFT.TO
Despite somewhat soft demand, as many customers weren’t sure where prices were going so waited to buy, lumber prices popped up again in mid-February. This due mostly to ongoing capacity restrictions, especially in the important timber supply basket of British...
by ssbhayani | Mar 15, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, Uncategorized, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, WEF.TO, WFT.TO
In the week ending February 10, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$476 mfbm, which is up by +$16 or +3%, from the previous week when it was US$360 mfbm, said weekly forest products industry price...
by ssbhayani | Mar 15, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, Uncategorized, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, WEF.TO, WFT.TO
The sawmill curtailments of recent months, especially those ongoing in the western part of North America, served to bring lumber prices up slightly. At this point, levels are still somewhat below cost-of-production in the important supply basket of British Columbia —...
by ssbhayani | Mar 15, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, RealEstate, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, WEF.TO, WFT.TO
Since October 2022, quite a few sawmill operators have taken downtime and curtailments. This is normal for the time of year, as usually lumber demand slows in winter and regular maintenance needs to take place, as well as employee vacation time. Over the past few...
by ssbhayani | Mar 14, 2023 | #madisonReporter, #ushousing, ADN.TO, building, canada export, CFF.TO, export development Canada, HomeBuilding, IFP.TO, Industry News, Lumber News, Lumber Pricing Trends, lumber trade, madisons lumber reporter, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: RFP, NYSE: TOL, NYSE: WY, OSB.TO, SJ.TO, softwood lumber, Softwood Lumber Prices, trade, trade deal, trade forecast, TSE: IFP, TSE: WEF, TSE: WFT, TSE:ADN, TSE:CFF, TSE:OSB, TSE:SJ, US home building, us home construction, US home sales, us house inventory, US house prices, us housing, US housing starts, WEF.TO, WFT.TO
At the end of February, despite a noticeable reduction in lumber manufacturing since 4Q 2022, supply was ample enough that prices dropped significantly. A fresh round of harsh winter weather, including in southern California, brought a stop to any construction...
