The world’s largest producer of industrial pellets, Enviva, is reporting that their plant in Hamlet N.C. is continuing to ramp […]
Wood Markets News
30-Year Fixed Mortgage Rate Moves Lower
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending March 26th, 2020. The PMMS shows that […]
Weyerhaeuser Reports Sale of Montana Timberland Completed
Weyerhaeuser has announced that they have completed the sale of 630K acres of Montana timberlands to Southern Pine Plantations for […]
Canfor Corporation Announces Production Curtailments Company Wide.
Canfor Corporation has announced the measure it will be taking in response to the COVID-10 outbreak. Canadian operations: Effective March […]
National Association of Home Builders Survey Reveals COVID-19 Negatively Impacting Customer Traffic
In a survey conducted by the National Association of Home Builders (NAHB) between March 18th through the 23rd, builders were […]
U.S. Jobless Rate Soars to Record High as COVID-19 Pandemic Grows
The impact of the COVID-19 pandemic continues to take its toll on the U.S. economy. This morning’s (3-26-20) the U.S. […]
West Fraser Announces Additional Production Adjustment in Canada
In response to the growing COVID-19 pandemic, West Fraser has announced additional production adjustments, as they respond to the slowing […]
Resolute Update on COVID-19 Temporary Impact to Operations
Resolute Forest Products Inc. has provided an update on the impact of the COVID-19 pandemic on its businesses. While certain […]
Norbord Announces Curtailments and Reduced Capital Expenditures
Norbord Inc. has announced that effective March 30th it will begin reducing production across its entire North American OSB portfolio […]
U.S. Home Prices Increase 0.3% in January 2020
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in January, 0.3% from the […]