Canadian lumber companies invest in capacity expansions in the US
As lumber costs remain at historically high levels, lumber companies are investing those profits into strengthening their positions and increasing production capacity. Data reported by Random Lengths for the month of May had Eastern Southern Yellow Pine 2x4 STD&Btr/#2&Btr at $687 per thousand board feet, up from $608 in April and $457 in May 2017. Western SYP 2x4 STD&Btr/#2&Btr monthly average was at $634 in May, up from $552 in April and $388 in May 2017. For 2018, the cost of SP 14’ 2x4 the first week in ...
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