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December 6, 2017

Canadian lumber exports to US drop 8% year-over-year in Q1-Q3, but value is up 0.15% due to high lumber prices

Canada's softwood lumber exports to the U.S. have fallen since the Americans imposed new duties earlier this year, but thanks to near-record wood prices the industry isn't suffering much from the political trade fight.  As the clock inches towards the end of 2017, it seems unlikely a new softwood agreement will be inked between Canada and the U.S. this year, but even the industry association representing most softwood producers in Canada isn't that concerned about it.  Joel Neuheimer, vice-president of international trade and transportation for the Forest Products Association ...

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