Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...

WINNIPEG, Manitoba (Reuters) - Canada's worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for months just as ...

One of North America's largest lumber producers said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made earlier this year amid tumbling demand and prices for ...

Earlier this month, Gov. John Bel Edwards and a gaggle of other officials trekked to the tiny town of Plain Dealing in northern Bossier Parish, where they announced the construction of a new, $110 ...

Apr. 5—PRESTON, Minn. — Southeast Minnesota's lumber and woodworking industry is a scene of continual change. There have been changes in the number of sawmills in the area, changes in the number and ...

Sawmills in all producing regions reported rising timber and log prices. “There is no economic sense to timber prices,” said one mill owner in the Upper Midwest. Another in the Carolinas said log ...

They say money doesn't grow on trees, but over the last year it did. Lumber prices skyrocketed to historic highs during the coronavirus pandemic, fueled by a demand for new homes and a surge in ...

VANCOUVER - Leading Canadian wood product manufacturer Canfor will extend its temporary curtailment at sawmills in British Columbia during Q1 2019 due to a continuing decline in lumber prices, in ...