Canadian Lumber Production Declined in May
Original Source:
Sawmills, May 2023
Sawmills, May 2023
Statistics Canada (StatCan) reported on Friday (8-4-23) that sawmill production dropped in May. According to the report, Canadian lumber production declined 1.6% month-over-month to 4,008.9 thousand cubic meters in May. Year-over-year, production was down 13.8%.
StatCan reported that sawmills shipped 4,158.2 thousand cubic meters of lumber in May, up 5.7% from April but down 9.8% year-over-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.