After reaching board feet prices that reached greater than $1,400 in March, lumber prices have corrected.

There is a right way to haul lumber, and then there was the way a Texas driver hauled lumber. In this video, a wood-hauling car smashed its way through a Texas roadway and fled from the chaos leaving wood parts flying.

SAINT CLOUD, Minn. -- Customers of Simonson Lumber have been warned that on or about April 9, 2022, the company was hacked. Files were stolen in an attempt to extort the company. The company said that there was unauthorized access into the Company's IT environment which triggered its security protocols. Although Simonson's investigation efforts remain ongoing, it is possible that the information pertaining to some of the company's employees and consumers may have been affected.

STOCKHOLM -- The war in Ukraine and the sanctions by Western countries has led to a "dramatic reduction in exports of forest products from Russia, Belarus, and Ukraine. The total exports from these three countries were valued collectively at $17 billion in 2021."

Rising interest rates and inflation cool down the housing market, which has caused lumber prices to fall.

The Forest Products Commission in Australia and the Switzerland-based Programme for the Endorsement of Forest Certification (PEFC) has classified timber from Russia and Belarus as ‘conflict timber’ and therefore cannot be used in PEFC-certified products. 

Russia’s invasion of Ukraine is likely to impact global trade in the coming months, and it is likely that many investments projects in the forest products manufacturing sector in Russia will grind to a halt as the growing list of sanctions and financial transaction restrictions take effect.

The $7 million Diboll Lumber capital improvement project is just one of many investments Georgia-Pacific is making at its lumber mills throughout the country.

Canfor Corp. announced the permanent reduction of 150 million board feet of production capacity at its Plateau Sawmill to resize the facility and align it with the available, sustainable timber supply in the region following the devastating impacts of the Mountain Pine Beetle infestation and other constraints on the timber harvesting land base.

Addition of the largest independent materials supplier in New England significantly bolsters Builders FirstSource's Northeast network.