“Steady as she goes” is the sentiment in general with hardwood demand, as many mills report consistency in orders coming in. Production is steady as well, some mills even working […]
Prices for almost all species generally held their own this past week, and sellers remained optimistic “about the rest of the summer – and the year.” Production was down a […]
After taking a week off from reporting, we can report continuing active movement in the lumber markets for the key species of interest. Domestic demand for hardwood lumber has been […]
Wet weather conditions continued to have an effect on log supply as quite a few mills across the region reported lower log supply due to restrictions on removing stumpage from the woods. Expectations are that this will subside as the summer months return and conditions improve. Reports are that overall sales have remained good, with the exception of lower-quality products (crossties and construction matting), and consistent export markets have kept log concentration yards busy.
The Appalachian region continues to see strong demand for ash and cherry (cherry once again increasing in price).
Job numbers reports were well above expectations in May, and though domestic demand for hardwood seems to have steadied, Chinese demand continues to increase. Though ash continues to be in […]
Though new home sales declined slightly in April as had been expected, projections are that sales will otherwise increase over the course of the coming year, boding well in general […]