Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced

Meek’s Lumber and Hardware has announced it is closing six store locations in southern Missouri as part of a consolidation move for the company. The closings of the.

After the quarter end on July 27, we announced the indefinite curtailment of our Somass Sawmill due to long-term log supply constraints for this facility, as well as the uncertainty in rising costs.

Softwood sawmills consume more grade logs than all other North american grade markets combined, and the value of these logs exceed any other market for stumpage or chips. U.S. markets alone consumed over 44 billion board feet of softwood lumber in 2015.

Softwood Lumber Prices Slide Downward as More Sawmill Closures are Announced June 4, 2019 Kta Kosman Confusion reigned only more last week in the North America construction framing dimension softwood lumber market as demand was very soft for what is normally the big home building season in the US.

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Prices of Softwood Lumber and OSB Decline in June. In contrast, prices paid for gypsum and ready-mix concrete increased 1.3% and 0.4%, respectively, over the month. The softwood lumber price index fell for the first time in seven months and was the largest negative percentage change since September 2015.

Prices for imported softwood lumber to China have been in a steady upward trend during 2016 and 2017 Global lumber prices moved higher in early 2017 Continued on page 6 FOCUS ON HEAVY EQUIPMENT The American lumber industry has been up in arms about Canadian softwood lumber imports for decades. The softwood lumber dispute dates back to the early

Softwood Lumber Imports From Canada: Current Issues Congressional Research Service 1 Introduction Softwood lumber imports from Canada have been of concern to Congress for many years. Lumber production is a significant industry in many states. Canada is an important trading partner, and the U.S. lumber producers are a powerful economic influence.

Thus on to a new front in the Wars Against our Friends (think of how future historians will write about this) – this week it is with Canada over softwood lumber, after U.S. President Donald Trump announced new tariffs of up to 24 percent for Canadian imports on Tuesday.

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