FEA-Canada’s annual survey results of “top 15” Canadian and U.S. lumber producers featured a tough lumber market that saw more mill curtailments and closures than acquisitions or mill start-ups in 2019. North American lumber prices were stubbornly low, a function of soft U.S. demand that caused higher-cost regions to curtail and close mills. Of the top 30, nine Canada producers and seven U.S. producers recorded declines in output, a somewhat similar trend to 2018. The total mill count in the top 15 was lower in both Canada (-3) and the U.S. (-1) versus the previous year.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.