For U.S. home building activity and thus softwood lumber demand, “Labour Day is the beginning of the end and U.S. Thanksgiving is the end of the end”. Canadian Thanksgiving is somewhere in the middle of these important dates, so provides a good indication of what is happening with lumber prices as U.S. housing slows down into the winter season. Last week most sawmills reported order files of three weeks or longer, which is quite strong for this season. Deliveries were terribly behind, making customers nervous that about their wood arriving in time for ...
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