With interest-rate hikes and housing starts dropping, the “market equilibrium price” for lumber has dropped to below $400 per ...
Raymond James upgraded timber-focused REITs Weyerhaeuser Company (NYSE:WY) and PotlatchDeltic Corp (NASDAQ:PCH) to ...
The strategy for lumber industry players is to end the year with no inventory on-hand, so the focus now is on selling out any ...
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 ...
Among lumber and wood products, the commodities with the highest importance to new residential construction were general ...
Canadian sawmills supply a lot of the lumber that is used to build U.S. houses. (Angus Mordant/Bloomberg News) One of the biggest consequences of a tariff on imports from Canada would be pricier ...
Canadian Producers Brace for Impact While Ending 2024 with Lean Inventories THUNDER BAY - Business - Canada’s lumber industry ...
In 2023 and 2024, when lumber prices were very low, PCH earned $200.2 million and an estimated $223.5 million, respectively. The stock market has a bad habit of extrapolating recent performance ...
Cross-border trade flows for industries such as autos, lumber and agrifoods could be affected by President-elect Donald Trump ...