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Lumber Prices Head Upward Along With Homebuilding

By Bill Esler Posted: 05/24/2015 4:15PM

Prices for lumber futures contracts are beginning to rise, after drifting down for months. China's homebuilding contraction and a winter hiatus knocked down prices, but they should jump dramatically as U.S. homebuilding surges.

Leading Hardwood Demand Indicator Portends Summer Slowdown

By Andy Johnson Posted: 05/22/2015 9:04PM

On May 22, Hardwood Publishing released its updated Leading Hardwood Demand Indicator (LHDI), a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets.

Customers Drive Wood Products Certification: Purdue Study

Posted: 05/22/2015 7:28AM

A Purdue University study about wood products certification. Released on April 22, the results reveal that 70.97% of the respondents said they enter the certified product market because of “customer request”. What were the other reasons?

Strong Dollar Means French Beech Sawn Timber Reaches for the Sky

Posted by Larry Maloney | Posted: 05/20/2015 5:15PM

The effects of the strong U.S. dollar are many, one of which is a revival in the French beech sawn timber market.

Slow Export, Drop in Low Grade Wood, Cuts Overall Hardwood Demand

By Andy Johnson Posted: 05/15/2015 3:04PM

Domestic and export sales remained slow in April, and hardwood business segments are showing more signs of stress - good for buyers but bad for sellers. Low grade markets in particular have too much wood, as demand slackens with the contraction in oil.

Wood Pellet Exports from the US Increases

By Hakan Ekstrom Posted: 05/12/2015 3:51PM

Wood pellet exports from the US increased for the 12th consecutive quarter in the 4Q/14, as compared to Canadian exports which trended downward in 2014, according to the North American Wood Fiber Review.

Excess Red Oak and Cherry Production is Driving Down Prices

By Andy Johnson Posted: 05/07/2015 1:38PM

Cabinet and furniture manufacturing — key domestic markets for cherry — are growing slower than expected, or not at all, and flooring sector purchases of cherry are now very low. The excess production of both hardwoods is driving down price.

Beetle Killed Pine Lumber In Decline in the West as Sources Wane

Posted by Michaelle Bradford | Posted: 05/04/2015 12:03PM

The Western pine beetle epidemic, while damaging to forestland, lead to the rise of a number of new businesses creating furniture from the blue stained lumber. With the epidemic on the decline in the West, sources of pine beetle killed wood are declining.

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