With interest-rate hikes and housing starts dropping, the “market equilibrium price” for lumber has dropped to below $400 per ...

Instead of scaling back and waiting for prices to bounce back, they're stuck producing lumber for a market that doesn't need it. It's a prisoner's dilemma, but for wood. "They have cash-flow ...

Lumber futures go nowhere fast After the wild price swings that took the random-length lumber futures prices to highs of over ...

The move comes about three months after Besse Forest Products Group of Gladstone shut the company’s two Michigan mills, closed four more in eastern Wisconsin, laid off over 100 workers and ended Besse ...

With lower mortgage rates expected, will we see a hotter housing market increasing demand for lumber and lumber prices? Until 2020, the price of lumber was generally in the range of US$250 to US$ ...

Lumber prices are up 14% so far in 2023 after suffering ... "The industry could actually find itself in an undersupplied market during the height of the building season," Sherwood Lumber told ...

With a massive market cap of $25.2 billion and a fat dividend yield of 2.2%, Weyerhaeuser has delivered a solid 15.1% return on its shares in 2023. With lumber prices up, Raymond James included ...

The company provided its short term outlook. “We continue to anticipate lumber prices will remain at lower levels in 2024 based on ...

Canfor says its B.C. operations are struggling due to weak lumber prices and rising operating costs. It recently announced ...

Canfor shares fell in early trading Monday after it said that challenging lumber market conditions and related asset write-downs widened third-quarter loss. Shares traded 4.3% lower at 17.14 Canadian ...