The US lumber market remains highly volatile, but the supply chain continues to ramp up production to meet demand, which may serve to smooth out some of the peaks and valleys we’ve seen over the last several months. As the lumber prices remain high, the National Association of Home Builders (NAHB) has urged the Biden administration to work with Canada on a new softwood lumber deal that will eliminate tariffs and help resolve the lumber and building materials supply chain crisis. According to Scott Reaves, Director for Forest Operations at Atlanta based Domain Timber Advisors, the removal ...
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