Lumber curtailments starting to have an impact: Madison’s

June 12, 2019
Category: Today's Takeaway

The latest sawmill curtailments caused lumber futures prices to reverse, suggesting prices are likely to stop falling if not increase. In related news: BC braces for more closures; Norbord to indefinitely curtail its OSB plant in central BC; Steelworkers surprised by Canfor curtailments; Resolute to extend mill shutdown in Ontario; fear of higher lumber prices dent US home builder stocks; and global sawlog prices fall to the lowest level in two years.

In Forestry news: alarm bells are sounding on BC’s drought conditions; a Northern BC First Nations group pushes for a new conservation area; high DDT levels persist in New Brunswick’s lakes; and National Public Radio highlights concern over forest firefighter health in the Pacific Northwest.

Finally, AF&PA has a new CEO and the UK balcony fire draws a rare rebuke by timber groups.

Kelly McCloskey, Tree Frog Editor

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