Canada’s lumber producers to move more to US South due to high log prices in BC
British Columbia is sharply increasing the cost of logs for lumber producers just as wood products prices slump and Canadian sawmills expand in the U.S. Lumber producers will pay $76.22 per cubic meter of softwood sawlogs from the province’s interior in the third quarter. That is a 74 percent jump from this quarter and more than triple what they paid a year ago. Higher log prices reduce the ability of lumber producers to compete against sawmills in the U.S. Producers could be further encouraged to shift operations south of the ...
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