Lumber: Hardwood lumber and softwood wholesale lumber supply appear to be firming up. Lumber prices as listed by the CME futures are close to $273 for November. Housing start numbers for August were a seasonally adjusted annual rate of 750,000 units, which was about 29% above the July 2011 rate of 581,000. The demand for [...]
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Hardwood Lumber & Softwood Lumber
Posted September 19th, 2012 in News Leave A CommentLumber
Posted May 21st, 2012 in News Leave A CommentLumber prices are slightly up. Sawmills with timber supply of species such as SY pine lumber, hemlock, and Douglas fir may find that markets are improving. Hardwoods and reclaimed lumber also appear firm as the suppliers search to fill green building demand. On May 21, 2012, lumber price futures for July were listed at $287.90, [...]
Lumber Prices
Posted December 23rd, 2011 in News Leave A CommentLumber prices for Hardwood lumber and softwood lumber continue to fluctuate. Wholesale hardwood lumber suppliers for red oak, white oak, walnut, cypress, cherry, maple and others still face uncertainty. Lumber price futures are up as the housing market continues to improve. As of 12/23/11, they were at 243.50, which was an improvement of 2.5 points [...]
Wholesale hardwood lumber price and log price to China
Posted September 9th, 2011 in News Leave A CommentHardwood lumber prices and log prices including oak, cherry, walnut, and maple are tied to the global markets. Sawmills and other suppliers of wholesale lumber of hardwood and softwood have been wondering where are lumber & log prices going? Timber traders and sawmills now find China as a major market. During the first half of [...]
Lumber Prices for Hardwoods and Softwoods Approaching 2012
Posted August 10th, 2011 in News Leave A CommentFuture lumber prices for Jan 2012 were down 4% today (CME 8/10/11) and listed at $245.90. In looking the lumber news from 2010 & many experts were predicting 2012 to be the breakout year for lumber supply and demand. So what will 2012 bring? The data now appears to say that 2012 will not be [...]
Wholesale Lumber Prices Stagnant Exports up
Posted July 1st, 2011 in News Leave A CommentLumber prices are stagnant, while exports continue to be strong. As of the first part of 2011 through April, U.S. lumber exports are up 44% and expected to surpass a total value of $3 billion for the year. China continues to roar and 2011 lumber exports to China will be about double what they were [...]
Lumber Prices Down and Lumber and Log Exports Up
Posted June 2nd, 2011 in News Leave A CommentLumber prices and volumes are still down int the U.S. While many experts (including me) expected a 2011 recovery, April housing starts cam in at 523,000, which is 24% below the April 2010 SAR figure. Furthermore, looking at lumber price futures today, July prices are down about 5 %. In this environment, the good news [...]
Hardwood Lumber & Softwood Wholesale Lumber Price Trends & News
Posted April 15th, 2011 in News Leave A CommentWholesale lumber prices are still soft and with that, firms are struggling. Universal Forest Products announced a first quarter loss and cited ‘continued challenging economic conditions’. CME lumber prices as of today 4/15 are at US$149.90 for May.There was hope that the traditional spring demand for housing starts would increase demand for lumber inventory. February [...]
Hardwood lumber & softwood lumber prices for 2011?
Posted January 24th, 2011 in News, Soft & Hardwood Lumber Leave A CommentIn looking at the future for hardwood lumber prices and softwood lumber prices, what will 2011 bring? Wholesale hardwood lumber and softwood wholesale lumber dealers hopefully can expect prices firming up. The signs are mixed. Seasonally adjusted housing starts for December 2010 were 529 thousand and this was lower than expected. However, in looking at [...]
Lumber Price and Timber Supply 2011
Posted December 9th, 2010 in News Leave A CommentSo the lumber industry is thenew year. Lumber supply is primarily driven by housing starts. According to NAHB, residential housing starts in 2011 will be 655,000 in 2011, which is 40 percent increase from 2009. Residential starts are projected to rise to 970,000 in 2012 and this will increase demand from stand timber supply to [...]
