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lumber prices

Lumber Futures For July Dips To $598.50

United States of America - Lumber futures dipped below $600.00 to $598.50 for July contracts. The price makes short term forward Lumber contract prices incredibly attractive compared to recent months and years. Reports of higher interest rates with slowed demand and re-stocked inventories at lumber yards and mills are most likely resulting in the…
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Canfor Lumber Retreats Georgia; Roseburg Forest Products Unveils It’s $200 Million High-tech Sawmill in North Carolina Near It’s 158,000 Acres Of Timber Land

Weldon, North Carolina- Recent news from Canfor Lumber suggested that it has retreated its plans in Georgia as North Carolina and it’s Halifax County commissioners were putting together an incentive package to retain the Roseburg project. Roanoke Valley Lumber was code named ”Project Big Rock” by local North Carolina officials. The Lumber
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CANFOR To Construct State Of The Art $160 Million Lumber Mill Near DeRidder, Louisiana

“Agribusiness remains one of our key industries for growing Louisiana’s economy, and our state offers unique advantages that attracted Canfor here,” said Governor John BelEdwards, State of Louisiana. “This major new manufacturing project can resonate across the region’s economy in a variety of ways. We welcome plans for this foreign direct…
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Maximum Volatility Alert Across Lumber Prices & Construction Commodities As Drought and Wild Fire Threats Hit High Alerts

Wild Fire Threats Hit High Alerts Today Signaling An Increased Threat To A Already Stressed Construction Logistics And Supply Chain. More Importantly It Poses A Price & Supply Threat To Lumber. United States Of America - Wildfire & drought alerts hit high levels today across BYLT systems and the the country as the United States
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US Lumber Prices and Sawmill Production Are Hitting Record Values in April 2021

On April 9, US lumber prices reached an all-time record close of $1125 per thousand board feet. Compared with the pre-pandemic price of $381, this represents an increase of over 180%. According to AGGRECOST, a single-family home in the US is now $26,800 more expensive due to the effect of lumber prices, before considering the impact of other
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