Lumber futures fell to $564 per thousand board feet, the lowest in seven weeks, as broader uncertainty and ongoing trade tensions weigh on sentiment.<\/p>\n
The US has recently outlined preliminary antidumping and countervailing duties on Canadian softwood lumber, with the antidumping rate reduced from 20.6% to 10.7% and the countervailing duty trimmed from 14.6% to 14.2%, lowering the combined rate to about 25.9%.<\/p>\n
Including an existing 10% Section 232 tariff, total effective duties on Canadian imports are expected to remain near 35.9% once they take effect in August.<\/p>\n
Despite these measures aimed at supporting domestic producers, US sawmill utilization remains relatively weak at around 64%, with capacity use trending lower since 2017, pointing to limited supply response.<\/p>\n
At the same time, elevated construction costs and high interest rates are continuing to pressure housing activity, with US builder confidence slipping to its lowest level since September 2025.<\/p>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":98571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[5204],"tags":[],"class_list":["post-98570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news"],"acf":[],"yoast_head":"\n