Housing Starts Data: July 2015

Posted by John Greene

Despite US stocks having lost significant ground this summer—the Dow is currently down over 1,300 points from its all-time high in late-May—the US dollar remains strong, which has kept interest rates low and buoyed housing through the construction and selling season. Housing starts for July were up, which—with the exception of a temporary dip in May—is a continuation of the positive numbers this segment has posted since early spring.

Read More

Topics: housing market update


US South Roundwood Price Update: 8-Year Snapshot

Posted by Jay Engle

Forecasting is an integral part of business success in an industry that is prone to seasonality, supply constraints and a range of other factors that might converge to influence the price of forest raw materials. Consequently, it is always a good practice to examine historical prices and trends to better understand the market, as such knowledge helps business leaders make better decisions in both the present and the future.

Read More

Topics: US south roundwood


Softwood Lumber Agreement set to Expire: What’s next for N.A. Lumber?

Posted by John Greene

While US trade agreements rarely pique the interest of mainstream media outlets for very long, the ongoing development of the Trans Pacific Partnership (TPP) has overshadowed a lesser-known agreement that is set to expire in less than 60 days. The Softwood Lumber Agreement (SLA) between the United States and Canada has been in place since 2006 and over the last nine years has, for the most part, provided some degree of stability for lumber producers on both sides of the border. With the October expiration fast approaching, uncertainty is now on the horizon.

Read More

Topics: softwood lumber agreement


Forestry-Related Industry Performance: July 2015

Posted by Joe Clark

Forestry-related industry performance in both the manufacturing and non-manufacturing sectors for the latter part of June and July followed the marginally up/down trend that it has maintained for most of 2015.

After annual revisions in late July that included changing the benchmark year to 2012 (from 2007), total industrial production (IP) increased 0.2% in June but fell at an annualized rate of 1.6% during 2Q2015. Manufacturing output edged down by 0.1%. At 107.1% of its 2012 average, total IP in June was 1.7% above its year-earlier level. Wood Products output fell by 1.9% (-1.4% YoY) but Paper rose by 0.5% (+0.3% YoY).

Read More

Topics: forest industry performance


Why Lumber Prices Are Falling--Summer 2015

Posted by Jay Engle

Why Lumber Prices Are Falling--Summer 2015

Lumber prices have taken a dive this summer, falling 21% from a February high of $380 per MBF to an August low of $307 per MBF (Figure 1). Composite prices are near the lowest level they have been in three years. This reversal is a result of several market forces that have collectively put downward pressure on prices.

Read More

Topics: lumber prices


F2M Market Watch

Subscribe to our blog

Search our blog